15,111 Shares in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Purchased by Western Financial Corp CA

Western Financial Corp CA bought a new stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,111 shares of the investment management company’s stock, valued at approximately $125,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the third quarter worth approximately $43,000. JPMorgan Chase & Co. boosted its position in BlackRock Enhanced Equity Dividend Trust by 1,203.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,539 shares of the investment management company’s stock worth $48,000 after acquiring an additional 5,114 shares during the period. Arete Wealth Advisors LLC bought a new position in shares of BlackRock Enhanced Equity Dividend Trust in the third quarter worth $98,000. Icon Wealth Advisors LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the third quarter valued at $118,000. Finally, Heritage Wealth Management Inc. bought a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the third quarter valued at about $156,000.

BlackRock Enhanced Equity Dividend Trust Trading Down 0.5 %

Shares of BDJ opened at $8.81 on Friday. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $7.80 and a 52-week high of $9.07. The firm has a 50-day moving average price of $8.60 and a 200 day moving average price of $8.57.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a dividend of $0.0619 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date was Wednesday, January 15th. This is a positive change from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

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.