BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lowered its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 13.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,495 shares of the investment management company’s stock after selling 2,231 shares during the period. Park Avenue Securities LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $125,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of BDJ. Creekmur Asset Management LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the fourth quarter valued at approximately $34,000. CWM LLC raised its position in shares of BlackRock Enhanced Equity Dividend Trust by 32.9% during the second quarter. CWM LLC now owns 8,333 shares of the investment management company’s stock worth $68,000 after purchasing an additional 2,065 shares during the period. Diversify Advisory Services LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the first quarter valued at $84,000. First Heartland Consultants Inc. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 2nd quarter valued at $86,000. Finally, Spirepoint Private Client LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust in the 1st quarter worth about $87,000.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.6 %

BDJ stock opened at $8.76 on Tuesday. BlackRock Enhanced Equity Dividend Trust has a one year low of $6.91 and a one year high of $8.81. The firm has a 50-day moving average of $8.49 and a two-hundred day moving average of $8.28.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.0562 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 7.70%. The ex-dividend date of this dividend is Friday, November 15th.

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.