BlackRock Enhanced International Dividend Trust (NYSE:BGY) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.57 and traded as high as $5.68. BlackRock Enhanced International Dividend Trust shares last traded at $5.60, with a volume of 238,740 shares traded.

BlackRock Enhanced International Dividend Trust Stock Performance

The stock has a 50-day moving average price of $5.50 and a 200 day moving average price of $5.57.

BlackRock Enhanced International Dividend Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.0426 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.51 dividend on an annualized basis and a yield of 9.14%.

Institutional Trading of BlackRock Enhanced International Dividend Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. Elequin Capital LP acquired a new position in shares of BlackRock Enhanced International Dividend Trust during the 4th quarter worth approximately $53,000. Soltis Investment Advisors LLC purchased a new stake in BlackRock Enhanced International Dividend Trust in the 4th quarter worth $67,000. Jane Street Group LLC acquired a new position in BlackRock Enhanced International Dividend Trust during the fourth quarter worth $68,000. Walleye Capital LLC purchased a new position in BlackRock Enhanced International Dividend Trust during the third quarter valued at $107,000. Finally, World Investment Advisors LLC purchased a new position in BlackRock Enhanced International Dividend Trust during the third quarter valued at $197,000.

About BlackRock Enhanced International Dividend Trust

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.