BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Sold by Claro Advisors LLC

Claro Advisors LLC trimmed its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 51.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 30,662 shares of the investment management company’s stock after selling 32,974 shares during the quarter. Claro Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $254,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 2.1% in the 3rd quarter. Raymond James & Associates now owns 2,082,445 shares of the investment management company’s stock valued at $18,013,000 after buying an additional 43,766 shares in the last quarter. Advisors Asset Management Inc. lifted its position in BlackRock Enhanced Equity Dividend Trust by 4.0% in the third quarter. Advisors Asset Management Inc. now owns 1,083,026 shares of the investment management company’s stock valued at $9,368,000 after acquiring an additional 41,426 shares during the last quarter. Stifel Financial Corp lifted its position in BlackRock Enhanced Equity Dividend Trust by 2.3% in the third quarter. Stifel Financial Corp now owns 996,966 shares of the investment management company’s stock valued at $8,624,000 after acquiring an additional 22,548 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 138.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 711,096 shares of the investment management company’s stock valued at $6,151,000 after acquiring an additional 412,499 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 792.7% during the third quarter. International Assets Investment Management LLC now owns 341,764 shares of the investment management company’s stock worth $29,560,000 after purchasing an additional 303,480 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Trading Up 1.3 %

BDJ opened at $8.67 on Thursday. BlackRock Enhanced Equity Dividend Trust has a one year low of $7.71 and a one year high of $9.07. The business’s 50-day simple moving average is $8.64 and its 200-day simple moving average is $8.53.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.0619 per share. This is a positive change from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05. The ex-dividend date is Wednesday, January 15th. This represents a $0.74 annualized dividend and a yield of 8.57%.

About BlackRock Enhanced Equity Dividend Trust

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.