Cambridge Investment Research Advisors Inc. Has $879,000 Stock Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Cambridge Investment Research Advisors Inc. raised its holdings in BlackRock Enhanced Global Dividend Trust (NYSE:BOE – Get Rating) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 91,913 shares of the financial services provider’s stock after buying an additional 5,551 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in BlackRock Enhanced Global Dividend Trust were worth $879,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Karpus Management Inc. increased its stake in shares of BlackRock Enhanced Global Dividend Trust by 60.0% in the 3rd quarter. Karpus Management Inc. now owns 1,844,959 shares of the financial services provider’s stock valued at $16,254,000 after acquiring an additional 692,129 shares in the last quarter. Penserra Capital Management LLC bought a new stake in BlackRock Enhanced Global Dividend Trust in the third quarter valued at $3,746,000. Advisors Asset Management Inc. raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 30.1% during the first quarter. Advisors Asset Management Inc. now owns 640,494 shares of the financial services provider’s stock valued at $7,244,000 after purchasing an additional 148,285 shares during the period. Royal Bank of Canada boosted its position in shares of BlackRock Enhanced Global Dividend Trust by 51.2% during the 3rd quarter. Royal Bank of Canada now owns 432,042 shares of the financial services provider’s stock worth $3,807,000 after purchasing an additional 146,251 shares in the last quarter. Finally, Shaker Financial Services LLC bought a new position in shares of BlackRock Enhanced Global Dividend Trust during the 3rd quarter worth about $1,066,000.

BlackRock Enhanced Global Dividend Trust Stock Down 0.2 %

Shares of BlackRock Enhanced Global Dividend Trust stock opened at $9.95 on Monday. The business has a 50-day simple moving average of $9.96 and a 200 day simple moving average of $9.92. BlackRock Enhanced Global Dividend Trust has a one year low of $8.52 and a one year high of $10.75.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Monday, May 15th will be paid a $0.063 dividend. The ex-dividend date of this dividend is Friday, May 12th. This represents a $0.76 dividend on an annualized basis and a yield of 7.60%.

About BlackRock Enhanced Global Dividend Trust

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BlackRock Enhanced Global Dividend Trust operates as a closed-end investment fund. The firm intends to provide current income and current gains and long term capital appreciation. It invests in equity securities issued by companies located in countries throughout the world and utilizing an option writing strategy to enhance current gains.