Atria Wealth Solutions Inc. Lowers Stock Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Atria Wealth Solutions Inc. lessened its position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 63,734 shares of the investment management company’s stock after selling 2,294 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $548,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BDJ. Franklin Resources Inc. acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth $92,000. Envestnet Asset Management Inc. boosted its holdings in BlackRock Enhanced Equity Dividend Trust by 18.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 112,188 shares of the investment management company’s stock valued at $929,000 after purchasing an additional 17,658 shares during the period. Raymond James Financial Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at $28,740,000. Rockefeller Capital Management L.P. boosted its position in shares of BlackRock Enhanced Equity Dividend Trust by 5.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 93,066 shares of the investment management company’s stock worth $771,000 after acquiring an additional 4,563 shares in the last quarter. Finally, Cohen & Steers Inc. raised its holdings in BlackRock Enhanced Equity Dividend Trust by 61.6% during the fourth quarter. Cohen & Steers Inc. now owns 32,319 shares of the investment management company’s stock worth $268,000 after purchasing an additional 12,319 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

BlackRock Enhanced Equity Dividend Trust stock opened at $8.98 on Thursday. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.16 and a fifty-two week high of $9.07. The stock has a 50-day simple moving average of $8.77 and a 200-day simple moving average of $8.61.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a $0.0619 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

BlackRock Enhanced Equity Dividend Trust Company 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.