HighTower Advisors LLC Cuts Position in BlackRock Enhanced International Dividend Trust (NYSE:BGY)

HighTower Advisors LLC lowered its holdings in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 10.3% in the third quarter, Holdings Channel.com reports. The fund owned 34,319 shares of the investment management company’s stock after selling 3,922 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $199,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Luken Investment Analytics LLC purchased a new position in BlackRock Enhanced International Dividend Trust in the 2nd quarter valued at approximately $33,000. Almitas Capital LLC purchased a new position in shares of BlackRock Enhanced International Dividend Trust in the second quarter valued at $90,000. Sequoia Financial Advisors LLC purchased a new position in shares of BlackRock Enhanced International Dividend Trust in the third quarter valued at $92,000. Sanctuary Advisors LLC acquired a new position in shares of BlackRock Enhanced International Dividend Trust during the 2nd quarter worth $106,000. Finally, Walleye Capital LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the 3rd quarter worth about $107,000.

BlackRock Enhanced International Dividend Trust Stock Performance

NYSE:BGY opened at $5.42 on Thursday. The firm has a 50-day moving average price of $5.54 and a two-hundred day moving average price of $5.59. BlackRock Enhanced International Dividend Trust has a twelve month low of $5.13 and a twelve month high of $5.83.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 16th were given a dividend of $0.0426 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.51 annualized dividend and a dividend yield of 9.43%.

BlackRock Enhanced International Dividend Trust Profile

BlackRock Enhanced International 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 excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.