280,032 Shares in BlackRock Enhanced Equity Dividend Trust (BDJ) Acquired by Shaker Financial Services LLC

Shaker Financial Services LLC bought a new position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 280,032 shares of the investment management company’s stock, valued at approximately $2,540,000. BlackRock Enhanced Equity Dividend Trust accounts for approximately 1.3% of Shaker Financial Services LLC’s holdings, making the stock its 25th biggest position. Shaker Financial Services LLC owned 0.15% of BlackRock Enhanced Equity Dividend Trust at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BDJ. Park Avenue Securities LLC bought a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 2nd quarter worth approximately $138,000. Janney Montgomery Scott LLC lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 8.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 33,469 shares of the investment management company’s stock worth $295,000 after buying an additional 2,646 shares during the period. Ronald Blue & Co. LLC lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 1.6% during the 2nd quarter. Ronald Blue & Co. LLC now owns 17,109 shares of the investment management company’s stock worth $151,000 after buying an additional 272 shares during the period. Stratos Wealth Partners LTD. lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 21.1% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 15,149 shares of the investment management company’s stock worth $133,000 after buying an additional 2,637 shares during the period. Finally, IFP Advisors Inc lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 16.6% during the 2nd quarter. IFP Advisors Inc now owns 154,051 shares of the investment management company’s stock worth $1,356,000 after buying an additional 21,966 shares during the period.

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) opened at $9.04 on Friday. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $7.94 and a 52-week high of $9.31.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be given a $0.0467 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.56 annualized dividend and a yield of 6.20%.

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About BlackRock Enhanced Equity Dividend Trust

BlackRock Enhanced Equity Dividend Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. It seeks to achieve its investment objectives by investing in common stocks that pay dividends and have the potential for capital appreciation and by utilizing an option writing (selling) strategy to seek total return performance and enhance distributions.

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Institutional Ownership by Quarter for BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

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