Boothe Investment Group Inc. Buys 5,959 Shares of BlackRock Enhanced Equity Dividend Trust $BDJ

Boothe Investment Group Inc. grew its stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 480,964 shares of the investment management company’s stock after purchasing an additional 5,959 shares during the period. BlackRock Enhanced Equity Dividend Trust makes up 1.6% of Boothe Investment Group Inc.’s investment portfolio, making the stock its 22nd largest holding. Boothe Investment Group Inc.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $4,276,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Raymond James Financial Inc. lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 4.9% during the first quarter. Raymond James Financial Inc. now owns 3,642,059 shares of the investment management company’s stock valued at $31,322,000 after purchasing an additional 171,007 shares during the last quarter. Waterfront Wealth Inc. lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 3.7% during the first quarter. Waterfront Wealth Inc. now owns 644,507 shares of the investment management company’s stock valued at $5,543,000 after purchasing an additional 23,288 shares during the last quarter. Penserra Capital Management LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust during the first quarter valued at approximately $5,126,000. Janney Montgomery Scott LLC lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 16.5% during the second quarter. Janney Montgomery Scott LLC now owns 352,754 shares of the investment management company’s stock valued at $3,136,000 after purchasing an additional 50,012 shares during the last quarter. Finally, Jones Financial Companies Lllp bought a new position in shares of BlackRock Enhanced Equity Dividend Trust in the first quarter worth approximately $2,495,000.

BlackRock Enhanced Equity Dividend Trust Trading Up 0.9%

Shares of NYSE BDJ opened at $9.08 on Friday. The firm’s 50 day moving average price is $9.03 and its 200-day moving average price is $8.73. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $7.16 and a 52-week high of $9.24.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be given a dividend of $0.0619 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 8.2%.

BlackRock Enhanced Equity Dividend Trust Profile

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.