Park Avenue Securities LLC Purchases 10,924 Shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Park Avenue Securities LLC grew its position in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 8.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 135,152 shares of the financial services provider’s stock after buying an additional 10,924 shares during the quarter. Park Avenue Securities LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $1,414,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of BOE. Stolper Co raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 7.5% in the 1st quarter. Stolper Co now owns 61,001 shares of the financial services provider’s stock worth $638,000 after purchasing an additional 4,240 shares during the period. Nomura Holdings Inc. bought a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter worth approximately $124,000. Karpus Management Inc. raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 4.2% in the 4th quarter. Karpus Management Inc. now owns 2,510,352 shares of the financial services provider’s stock worth $24,903,000 after purchasing an additional 100,341 shares during the period. Quantedge Capital Pte Ltd raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 46.7% in the 4th quarter. Quantedge Capital Pte Ltd now owns 81,314 shares of the financial services provider’s stock worth $807,000 after purchasing an additional 25,900 shares during the period. Finally, 1607 Capital Partners LLC raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 0.3% in the 4th quarter. 1607 Capital Partners LLC now owns 2,162,109 shares of the financial services provider’s stock worth $21,448,000 after purchasing an additional 7,278 shares during the period.

BlackRock Enhanced Global Dividend Trust Price Performance

NYSE:BOE opened at $10.52 on Tuesday. The firm’s 50 day moving average is $10.35 and its 200 day moving average is $10.20. BlackRock Enhanced Global Dividend Trust has a 12 month low of $8.80 and a 12 month high of $10.63.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $0.063 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.76 dividend on an annualized basis and a yield of 7.19%.

BlackRock Enhanced Global Dividend Trust Company Profile

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.