Advisors Asset Management Inc. Has $442,000 Stock Position in BlackRock Enhanced International Dividend Trust $BGY

Advisors Asset Management Inc. lessened its stake in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 73.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,419 shares of the investment management company’s stock after selling 213,134 shares during the quarter. Advisors Asset Management Inc.’s holdings in BlackRock Enhanced International Dividend Trust were worth $442,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BGY. Shaker Financial Services LLC raised its stake in BlackRock Enhanced International Dividend Trust by 2.9% during the 1st quarter. Shaker Financial Services LLC now owns 211,141 shares of the investment management company’s stock worth $1,185,000 after buying an additional 5,999 shares during the period. Atria Wealth Solutions Inc. bought a new stake in shares of BlackRock Enhanced International Dividend Trust during the first quarter valued at approximately $61,000. WealthShield Partners LLC acquired a new position in shares of BlackRock Enhanced International Dividend Trust during the first quarter worth approximately $102,000. Sit Investment Associates Inc. lifted its holdings in shares of BlackRock Enhanced International Dividend Trust by 26.3% in the 1st quarter. Sit Investment Associates Inc. now owns 2,271,475 shares of the investment management company’s stock worth $12,743,000 after purchasing an additional 473,417 shares in the last quarter. Finally, Elequin Capital LP grew its position in BlackRock Enhanced International Dividend Trust by 60.0% in the 1st quarter. Elequin Capital LP now owns 16,107 shares of the investment management company’s stock valued at $90,000 after purchasing an additional 6,039 shares during the period.

BlackRock Enhanced International Dividend Trust Stock Performance

Shares of BGY stock opened at $5.73 on Wednesday. The firm has a fifty day simple moving average of $5.75 and a two-hundred day simple moving average of $5.75. BlackRock Enhanced International Dividend Trust has a 12 month low of $4.67 and a 12 month high of $5.95.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were issued a $0.0426 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date was Friday, November 14th.

BlackRock Enhanced International Dividend Trust Profile

BlackRock Enhanced International 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 excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.