Spire Wealth Management Grows Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Spire Wealth Management boosted its stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJFree Report) by 2.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 150,536 shares of the investment management company’s stock after purchasing an additional 4,186 shares during the period. Spire Wealth Management’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,255,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Cowa LLC acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the first quarter worth about $25,000. Tower Research Capital LLC TRC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the first quarter worth about $26,000. Northwest Capital Management Inc purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 2nd quarter valued at about $36,000. CWM LLC lifted its position in BlackRock Enhanced Equity Dividend Trust by 200.9% during the 2nd quarter. CWM LLC now owns 6,553 shares of the investment management company’s stock worth $55,000 after acquiring an additional 4,375 shares in the last quarter. Finally, Sfmg LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust during the 1st quarter worth approximately $87,000.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.3 %

Shares of NYSE:BDJ opened at $7.49 on Thursday. The company has a 50 day moving average of $7.43 and a two-hundred day moving average of $7.92. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $6.91 and a 52-week high of $9.55.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Friday, December 15th will be issued a $0.0562 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.67 dividend on an annualized basis and a yield of 9.00%.

About BlackRock Enhanced Equity Dividend Trust

(Free Report)

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.

See Also

Institutional Ownership by Quarter for BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

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