IHT Wealth Management LLC Sells 63,900 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

IHT Wealth Management LLC cut its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 33.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 129,009 shares of the investment management company’s stock after selling 63,900 shares during the period. IHT Wealth Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,068,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Janney Montgomery Scott LLC grew its position in BlackRock Enhanced Equity Dividend Trust by 57.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 264,337 shares of the investment management company’s stock valued at $2,189,000 after acquiring an additional 96,332 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 1,203.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,539 shares of the investment management company’s stock valued at $48,000 after purchasing an additional 5,114 shares during the last quarter. LPL Financial LLC grew its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 2.1% during the 4th quarter. LPL Financial LLC now owns 1,455,651 shares of the investment management company’s stock valued at $12,053,000 after purchasing an additional 30,320 shares during the last quarter. Park Avenue Securities LLC raised its position in BlackRock Enhanced Equity Dividend Trust by 79.9% in the 4th quarter. Park Avenue Securities LLC now owns 26,070 shares of the investment management company’s stock worth $216,000 after purchasing an additional 11,575 shares during the period. Finally, Ashton Thomas Securities LLC lifted its stake in BlackRock Enhanced Equity Dividend Trust by 1.5% in the fourth quarter. Ashton Thomas Securities LLC now owns 76,026 shares of the investment management company’s stock worth $629,000 after purchasing an additional 1,150 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Performance

NYSE BDJ opened at $8.10 on Thursday. The company has a 50-day simple moving average of $8.46 and a two-hundred day simple moving average of $8.61. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $7.16 and a 12-month high of $9.07.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a $0.0619 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 9.17%. The ex-dividend date is Tuesday, April 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.