Park Avenue Securities LLC Raises Stock Holdings in BlackRock Enhanced Equity Dividend Trust $BDJ

Park Avenue Securities LLC increased its position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 17.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,734 shares of the investment management company’s stock after acquiring an additional 7,516 shares during the period. Park Avenue Securities LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC raised its stake in BlackRock Enhanced Equity Dividend Trust by 3.0% in the 1st quarter. Private Advisor Group LLC now owns 46,143 shares of the investment management company’s stock worth $397,000 after acquiring an additional 1,328 shares during the last quarter. Tyler Stone Wealth Management raised its stake in BlackRock Enhanced Equity Dividend Trust by 2.1% in the 1st quarter. Tyler Stone Wealth Management now owns 66,084 shares of the investment management company’s stock worth $568,000 after acquiring an additional 1,354 shares during the last quarter. Saxony Capital Management LLC raised its stake in BlackRock Enhanced Equity Dividend Trust by 3.4% in the 1st quarter. Saxony Capital Management LLC now owns 45,809 shares of the investment management company’s stock worth $394,000 after acquiring an additional 1,500 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of 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 valued at $331,000 after buying an additional 1,626 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of 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 valued at $545,000 after buying an additional 1,716 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Trading Up 0.8%

NYSE BDJ opened at $9.05 on Tuesday. The stock has a 50-day simple moving average of $8.94 and a two-hundred day simple moving average of $8.65. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.16 and a fifty-two week high of $9.11.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.0619 per share. The ex-dividend date is Monday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

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.