Choreo LLC Has $119,000 Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Choreo LLC lessened its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 35.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,887 shares of the investment management company’s stock after selling 7,634 shares during the period. Choreo LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $119,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. LPL Financial LLC raised its position in BlackRock Enhanced Equity Dividend Trust by 2.1% during the fourth quarter. LPL Financial LLC now owns 1,455,651 shares of the investment management company’s stock valued at $12,053,000 after buying an additional 30,320 shares during the period. Franklin Resources Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at about $92,000. StoneX Group Inc. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter valued at about $522,000. Wells Fargo & Company MN lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 3,105,800 shares of the investment management company’s stock worth $25,716,000 after purchasing an additional 39,417 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 18.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 112,188 shares of the investment management company’s stock worth $929,000 after purchasing an additional 17,658 shares during the period.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.6%

Shares of BDJ opened at $8.79 on Friday. The company’s 50 day moving average price is $8.72 and its 200 day moving average price is $8.60. BlackRock Enhanced Equity Dividend Trust has a 52 week low of $7.16 and a 52 week high of $9.07.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th were paid a $0.0619 dividend. The ex-dividend date of this dividend was Tuesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%.

BlackRock Enhanced Equity Dividend Trust Profile

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.