NBC Securities Inc. cut its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Free Report) by 3.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 95,722 shares of the investment management company’s stock after selling 3,452 shares during the quarter. NBC Securities Inc.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $789,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of BDJ. Wells Fargo & Company MN lifted its stake in BlackRock Enhanced Equity Dividend Trust by 26.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,199,012 shares of the investment management company’s stock worth $24,600,000 after purchasing an additional 678,231 shares in the last quarter. Cornerstone Advisors LLC lifted its stake in BlackRock Enhanced Equity Dividend Trust by 122.8% in the 4th quarter. Cornerstone Advisors LLC now owns 1,189,889 shares of the investment management company’s stock worth $9,150,000 after purchasing an additional 655,731 shares in the last quarter. Invesco Ltd. lifted its stake in BlackRock Enhanced Equity Dividend Trust by 35.4% in the 3rd quarter. Invesco Ltd. now owns 2,385,847 shares of the investment management company’s stock worth $18,156,000 after purchasing an additional 623,219 shares in the last quarter. AQR Arbitrage LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 3rd quarter valued at approximately $3,564,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at approximately $2,065,000.
BlackRock Enhanced Equity Dividend Trust Stock Up 0.9 %
BDJ stock opened at $8.09 on Thursday. BlackRock Enhanced Equity Dividend Trust has a one year low of $6.91 and a one year high of $8.43. The firm’s 50 day moving average price is $8.13 and its 200-day moving average price is $8.01.
BlackRock Enhanced Equity Dividend Trust Announces Dividend
BlackRock Enhanced Equity Dividend Trust Company 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.
See Also
- Five stocks we like better than BlackRock Enhanced Equity Dividend Trust
- What is the FTSE 100 index?
- Airship AI Lands New Contract: Stock Soars 16% and More to Come
- What is a Stock Market Index and How Do You Use Them?
- Restoration Hardware Stock: Should You Buy After Earnings Drop?
- How Can Investors Benefit From After-Hours Trading
- Lennar Stock: A Prime Opportunity for Buy-and-Hold Investors
Want to see what other hedge funds are holding BDJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Free Report).
Receive News & Ratings for BlackRock Enhanced Equity Dividend Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Enhanced Equity Dividend Trust and related companies with MarketBeat.com's FREE daily email newsletter.