BlackRock Enhanced International Dividend Trust (NYSE:BGY) Shares Cross Above 200-Day Moving Average of $5.52

Shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.52 and traded as high as $5.83. BlackRock Enhanced International Dividend Trust shares last traded at $5.79, with a volume of 229,193 shares traded.

BlackRock Enhanced International Dividend Trust Stock Up 0.3 %

The firm’s fifty day moving average price is $5.64 and its 200-day moving average price is $5.52.

BlackRock Enhanced International Dividend Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a $0.0338 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.41 dividend on an annualized basis and a yield of 7.01%.

Hedge Funds Weigh In On BlackRock Enhanced International Dividend Trust

Several large investors have recently made changes to their positions in BGY. PNC Financial Services Group Inc. lifted its position in shares of BlackRock Enhanced International Dividend Trust by 10.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 135,245 shares of the investment management company’s stock valued at $713,000 after acquiring an additional 13,175 shares during the last quarter. Hartline Investment Corp purchased a new position in shares of BlackRock Enhanced International Dividend Trust in the first quarter worth approximately $97,000. Park Avenue Securities LLC raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 2.2% during the second quarter. Park Avenue Securities LLC now owns 200,705 shares of the investment management company’s stock valued at $1,120,000 after acquiring an additional 4,397 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of BlackRock Enhanced International Dividend Trust by 6.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 10,266,153 shares of the investment management company’s stock valued at $57,285,000 after acquiring an additional 615,485 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in shares of BlackRock Enhanced International Dividend Trust by 1.0% in the 2nd quarter. Private Advisor Group LLC now owns 288,720 shares of the investment management company’s stock valued at $1,611,000 after acquiring an additional 3,000 shares in the last quarter.

BlackRock Enhanced International Dividend Trust Company 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.