Sequoia Financial Advisors LLC Makes New $92,000 Investment in BlackRock Enhanced International Dividend Trust (NYSE:BGY)

Sequoia Financial Advisors LLC purchased a new position in BlackRock Enhanced International Dividend Trust (NYSE:BGY) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 15,925 shares of the investment management company’s stock, valued at approximately $92,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in BlackRock Enhanced International Dividend Trust during the second quarter valued at about $106,000. Almitas Capital LLC acquired a new stake in BlackRock Enhanced International Dividend Trust in the 2nd quarter valued at about $90,000. Thrivent Financial for Lutherans boosted its position in shares of BlackRock Enhanced International Dividend Trust by 16.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 120,000 shares of the investment management company’s stock valued at $670,000 after purchasing an additional 17,000 shares in the last quarter. Cornerstone Advisors LLC grew its stake in shares of BlackRock Enhanced International Dividend Trust by 157.2% in the 2nd quarter. Cornerstone Advisors LLC now owns 498,044 shares of the investment management company’s stock worth $2,779,000 after purchasing an additional 304,378 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 90.2% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 2,124,376 shares of the investment management company’s stock worth $11,854,000 after purchasing an additional 1,007,666 shares in the last quarter.

BlackRock Enhanced International Dividend Trust Price Performance

BGY stock opened at $5.59 on Thursday. BlackRock Enhanced International Dividend Trust has a 12 month low of $4.76 and a 12 month high of $5.83. The firm has a 50 day simple moving average of $5.70 and a 200 day simple moving average of $5.56.

BlackRock Enhanced International Dividend Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.0338 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 7.26%.

BlackRock Enhanced International Dividend Trust 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.