Advisors Asset Management Inc. Has $9.29 Million Stock Position in BlackRock Enhanced Equity Dividend Trust $BDJ

Advisors Asset Management Inc. lessened its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,045,061 shares of the investment management company’s stock after selling 29,172 shares during the period. Advisors Asset Management Inc.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $9,291,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Pinnacle Bancorp Inc. bought a new position in shares of BlackRock Enhanced Equity Dividend Trust during the second quarter worth $30,000. Chung Wu Investment Group LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 2nd quarter worth about $32,000. MAI Capital Management grew its stake in BlackRock Enhanced Equity Dividend Trust by 50.3% in the second quarter. MAI Capital Management now owns 6,997 shares of the investment management company’s stock valued at $62,000 after purchasing an additional 2,341 shares in the last quarter. Fortitude Family Office LLC raised its position 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 in the last quarter. Finally, Kovack Advisors Inc. acquired a new position in BlackRock Enhanced Equity Dividend Trust during the second quarter worth approximately $91,000.

BlackRock Enhanced Equity Dividend Trust Stock Up 1.2%

Shares of BlackRock Enhanced Equity Dividend Trust stock opened at $9.00 on Wednesday. The business has a fifty day simple moving average of $9.01 and a two-hundred day simple moving average of $8.87. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $7.16 and a 1 year high of $9.24.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given a $0.0619 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) annualized dividend 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.