BlackRock Enhanced Equity Dividend Trust $BDJ Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 16.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 352,754 shares of the investment management company’s stock after acquiring an additional 50,012 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $3,136,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Crews Bank & Trust acquired a new position in BlackRock Enhanced Equity Dividend Trust during the first quarter worth $29,000. Pinnacle Bancorp Inc. acquired a new position in BlackRock Enhanced Equity Dividend Trust during the second quarter worth $30,000. Creekmur Asset Management LLC grew its holdings in BlackRock Enhanced Equity Dividend Trust by 44.3% during the first quarter. Creekmur Asset Management LLC now owns 7,510 shares of the investment management company’s stock worth $65,000 after acquiring an additional 2,306 shares during the period. Fortitude Family Office LLC grew its holdings in BlackRock Enhanced Equity Dividend Trust by 318.9% during the second quarter. Fortitude Family Office LLC now owns 7,619 shares of the investment management company’s stock worth $68,000 after acquiring an additional 5,800 shares during the period. Finally, Concurrent Investment Advisors LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust during the first quarter worth $101,000.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.2%

NYSE BDJ opened at $9.17 on Thursday. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $7.16 and a 1-year high of $9.24. The business has a 50 day moving average price of $8.98 and a 200 day moving average price of $8.67.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be issued a dividend of $0.0619 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 8.1%.

About BlackRock Enhanced Equity Dividend Trust

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.