LPL Financial LLC Raises Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

LPL Financial LLC lifted its stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 120.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 343,517 shares of the financial services provider’s stock after buying an additional 187,409 shares during the period. LPL Financial LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $3,727,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Merit Financial Group LLC acquired a new position in shares of BlackRock Enhanced Global Dividend Trust in the first quarter worth about $160,000. Allspring Global Investments Holdings LLC lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 1.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 288,879 shares of the financial services provider’s stock worth $3,134,000 after acquiring an additional 5,378 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 29.6% in the first quarter. Envestnet Asset Management Inc. now owns 151,250 shares of the financial services provider’s stock worth $1,641,000 after acquiring an additional 34,500 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 14.3% in the first quarter. Oppenheimer & Co. Inc. now owns 25,957 shares of the financial services provider’s stock worth $282,000 after acquiring an additional 3,245 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of BlackRock Enhanced Global Dividend Trust in the fourth quarter worth about $6,140,000.

BlackRock Enhanced Global Dividend Trust Trading Down 0.4%

NYSE:BOE opened at $11.45 on Friday. BlackRock Enhanced Global Dividend Trust has a one year low of $9.16 and a one year high of $11.56. The business’s 50-day simple moving average is $11.34 and its 200 day simple moving average is $11.07.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be paid a $0.0827 dividend. The ex-dividend date is Friday, August 15th. This represents a c) annualized dividend and a dividend yield of 8.7%.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.