Hollencrest Capital Management Sells 1,704 Shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Hollencrest Capital Management trimmed its stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 10.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,254 shares of the financial services provider’s stock after selling 1,704 shares during the period. Hollencrest Capital Management’s holdings in BlackRock Enhanced Global Dividend Trust were worth $164,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BOE. Raymond James Financial Inc. bought a new position in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter worth $6,140,000. Pathstone Holdings LLC increased its position in BlackRock Enhanced Global Dividend Trust by 74.5% during the 3rd quarter. Pathstone Holdings LLC now owns 875,703 shares of the financial services provider’s stock valued at $9,864,000 after buying an additional 373,762 shares in the last quarter. Arkadios Wealth Advisors increased its position in BlackRock Enhanced Global Dividend Trust by 185.6% during the 4th quarter. Arkadios Wealth Advisors now owns 71,085 shares of the financial services provider’s stock valued at $766,000 after buying an additional 46,196 shares in the last quarter. IHT Wealth Management LLC increased its position in BlackRock Enhanced Global Dividend Trust by 55.9% during the 3rd quarter. IHT Wealth Management LLC now owns 112,507 shares of the financial services provider’s stock valued at $1,265,000 after buying an additional 40,350 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new position in BlackRock Enhanced Global Dividend Trust during the 3rd quarter valued at about $314,000.

BlackRock Enhanced Global Dividend Trust Stock Up 0.6 %

Shares of NYSE:BOE opened at $10.92 on Thursday. The business’s 50-day moving average is $11.17 and its 200 day moving average is $11.17. BlackRock Enhanced Global Dividend Trust has a 1 year low of $9.83 and a 1 year high of $11.47.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.0827 per share. This represents a $0.99 annualized dividend and a yield of 9.09%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.