Raymond James Financial Inc. Acquires New Stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Raymond James Financial Inc. bought a new position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 570,100 shares of the financial services provider’s stock, valued at approximately $6,140,000.

A number of other institutional investors have also added to or reduced their stakes in the business. HighTower Advisors LLC purchased a new position in shares of BlackRock Enhanced Global Dividend Trust during the third quarter worth about $314,000. Oppenheimer & Co. Inc. lifted its position in BlackRock Enhanced Global Dividend Trust by 15.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 22,712 shares of the financial services provider’s stock valued at $245,000 after purchasing an additional 2,979 shares during the last quarter. Private Advisor Group LLC grew its stake in BlackRock Enhanced Global Dividend Trust by 22.5% in the 4th quarter. Private Advisor Group LLC now owns 95,651 shares of the financial services provider’s stock worth $1,030,000 after buying an additional 17,585 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of BlackRock Enhanced Global Dividend Trust by 185.6% in the 4th quarter. Arkadios Wealth Advisors now owns 71,085 shares of the financial services provider’s stock worth $766,000 after buying an additional 46,196 shares during the last quarter. Finally, Meridian Wealth Management LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the 3rd quarter valued at $138,000.

BlackRock Enhanced Global Dividend Trust Stock Up 0.4 %

NYSE BOE opened at $11.08 on Tuesday. BlackRock Enhanced Global Dividend Trust has a 52-week low of $9.83 and a 52-week high of $11.47. The company has a fifty day moving average of $11.19 and a 200-day moving average of $11.16.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0827 per share. This represents a $0.99 annualized dividend and a yield of 8.96%. The ex-dividend date is Friday, March 14th.

BlackRock Enhanced Global Dividend Trust 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.