BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC cut its stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 10.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,066 shares of the investment management company’s stock after selling 4,905 shares during the quarter. Calamos Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $340,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Raymond James & Associates grew its position in BlackRock Enhanced Equity Dividend Trust by 2.1% during the third quarter. Raymond James & Associates now owns 2,082,445 shares of the investment management company’s stock worth $18,013,000 after buying an additional 43,766 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of BlackRock Enhanced Equity Dividend Trust by 4.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,083,026 shares of the investment management company’s stock worth $9,368,000 after acquiring an additional 41,426 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 2.3% in the 3rd quarter. Stifel Financial Corp now owns 996,966 shares of the investment management company’s stock worth $8,624,000 after acquiring an additional 22,548 shares during the period. Allspring Global Investments Holdings LLC increased its stake in BlackRock Enhanced Equity Dividend Trust by 138.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 711,096 shares of the investment management company’s stock valued at $6,151,000 after purchasing an additional 412,499 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in BlackRock Enhanced Equity Dividend Trust by 792.7% during the third quarter. International Assets Investment Management LLC now owns 341,764 shares of the investment management company’s stock worth $29,560,000 after purchasing an additional 303,480 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

BlackRock Enhanced Equity Dividend Trust stock opened at $8.97 on Thursday. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.80 and a fifty-two week high of $9.07. The stock’s fifty day moving average is $8.60 and its two-hundred day moving average is $8.58.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.0619 per share. This is an increase from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05. This represents a $0.74 annualized dividend and a yield of 8.29%. The ex-dividend date of this dividend is Friday, February 14th.

About BlackRock Enhanced Equity Dividend Trust

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.