Cetera Investment Advisers Has $1.75 Million Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Cetera Investment Advisers cut its stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 9.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 203,383 shares of the investment management company’s stock after selling 20,989 shares during the quarter. Cetera Investment Advisers’ holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,749,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Private Advisor Group LLC lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 3.0% during the 1st quarter. Private Advisor Group LLC now owns 46,143 shares of the investment management company’s stock worth $397,000 after buying an additional 1,328 shares during the period. Saxony Capital Management LLC lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 3.4% during the 1st quarter. Saxony Capital Management LLC now owns 45,809 shares of the investment management company’s stock worth $394,000 after buying an additional 1,500 shares during the period. International Assets Investment Management LLC lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 4.4% during the 1st quarter. International Assets Investment Management LLC now owns 38,444 shares of the investment management company’s stock worth $331,000 after buying an additional 1,626 shares during the period. Farther Finance Advisors LLC lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 2.8% during the 1st quarter. Farther Finance Advisors LLC now owns 63,168 shares of the investment management company’s stock worth $545,000 after buying an additional 1,716 shares during the period. Finally, ELCO Management Co. LLC lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 6.7% during the 1st quarter. ELCO Management Co. LLC now owns 29,513 shares of the investment management company’s stock worth $254,000 after buying an additional 1,850 shares during the period.

BlackRock Enhanced Equity Dividend Trust Stock Up 1.0%

Shares of BDJ opened at $8.88 on Friday. BlackRock Enhanced Equity Dividend Trust has a 12 month low of $7.16 and a 12 month high of $9.07. The stock’s 50-day moving average price is $8.75 and its two-hundred day moving average price is $8.60.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a $0.0619 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date of this dividend is Friday, August 15th.

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.