1607 Capital Partners LLC Has $6.78 Million Stock Holdings in BlackRock Enhanced Global Dividend Trust $BOE

1607 Capital Partners LLC trimmed its stake in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 39.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 586,008 shares of the financial services provider’s stock after selling 379,095 shares during the quarter. 1607 Capital Partners LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $6,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. raised its holdings in BlackRock Enhanced Global Dividend Trust by 1.6% during the 3rd quarter. Raymond James Financial Inc. now owns 591,040 shares of the financial services provider’s stock worth $6,838,000 after purchasing an additional 9,495 shares during the last quarter. Invesco Ltd. boosted its stake in shares of BlackRock Enhanced Global Dividend Trust by 2.1% in the 3rd quarter. Invesco Ltd. now owns 852,894 shares of the financial services provider’s stock valued at $9,868,000 after purchasing an additional 17,432 shares during the last quarter. VSM Wealth Advisory LLC increased its position in shares of BlackRock Enhanced Global Dividend Trust by 436.9% during the third quarter. VSM Wealth Advisory LLC now owns 8,091 shares of the financial services provider’s stock worth $94,000 after buying an additional 6,584 shares during the period. Kingsview Wealth Management LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust during the third quarter worth $116,000. Finally, Jackson Grant Investment Advisers Inc. bought a new position in BlackRock Enhanced Global Dividend Trust during the third quarter worth $85,000.

BlackRock Enhanced Global Dividend Trust Stock Performance

BOE stock opened at $11.14 on Friday. The company’s fifty day simple moving average is $11.84 and its 200 day simple moving average is $11.67. BlackRock Enhanced Global Dividend Trust has a 12-month low of $9.16 and a 12-month high of $12.18.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.0827 per share. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 8.9%.

About BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.