1607 Capital Partners LLC Has $296,000 Stock Position in BlackRock Enhanced International Dividend Trust $BGY

1607 Capital Partners LLC cut its holdings in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 95.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,544 shares of the investment management company’s stock after selling 1,184,043 shares during the period. 1607 Capital Partners LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $296,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Lazard Asset Management LLC bought a new stake in BlackRock Enhanced International Dividend Trust during the 3rd quarter worth approximately $3,670,000. Raymond James Financial Inc. grew its holdings in BlackRock Enhanced International Dividend Trust by 27.8% during the third quarter. Raymond James Financial Inc. now owns 377,910 shares of the investment management company’s stock worth $2,173,000 after buying an additional 82,148 shares in the last quarter. Invesco Ltd. grew its holdings in BlackRock Enhanced International Dividend Trust by 1.8% during the third quarter. Invesco Ltd. now owns 1,307,377 shares of the investment management company’s stock worth $7,517,000 after buying an additional 22,782 shares in the last quarter. UBS Group AG raised its position in BlackRock Enhanced International Dividend Trust by 1.2% in the 3rd quarter. UBS Group AG now owns 365,958 shares of the investment management company’s stock valued at $2,104,000 after buying an additional 4,181 shares during the last quarter. Finally, Alteri Wealth LLC purchased a new stake in BlackRock Enhanced International Dividend Trust in the 3rd quarter valued at $72,000.

BlackRock Enhanced International Dividend Trust Stock Performance

Shares of NYSE:BGY opened at $5.56 on Friday. BlackRock Enhanced International Dividend Trust has a 1-year low of $4.67 and a 1-year high of $6.23. The stock’s fifty day simple moving average is $5.98 and its two-hundred day simple moving average is $5.84.

BlackRock Enhanced International Dividend Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.0426 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 9.2%.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.

The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.