Choreo LLC Makes New $136,000 Investment in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Choreo LLC acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,643 shares of the investment management company’s stock, valued at approximately $136,000.

Other institutional investors also recently made changes to their positions in the company. L.M. Kohn & Company acquired a new position in BlackRock Enhanced Equity Dividend Trust in the third quarter valued at $76,000. Koshinski Asset Management Inc. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth about $92,000. Allen Mooney & Barnes Investment Advisors LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust in the third quarter valued at approximately $93,000. Sterling Financial Planning Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at approximately $106,000. Finally, Roble Belko & Company Inc lifted its position in BlackRock Enhanced Equity Dividend Trust by 28.0% during the third quarter. Roble Belko & Company Inc now owns 14,421 shares of the investment management company’s stock valued at $110,000 after buying an additional 3,157 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

BlackRock Enhanced Equity Dividend Trust stock opened at $8.14 on Friday. The firm has a fifty day moving average of $8.08 and a 200-day moving average of $7.82. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $6.91 and a 52-week high of $8.43.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a $0.056 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.67 annualized dividend and a yield of 8.26%.

BlackRock Enhanced Equity Dividend Trust 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.