Penserra Capital Management LLC Purchases 18,154 Shares of BlackRock Enhanced Equity Dividend Trust $BDJ

Penserra Capital Management LLC lifted its stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 3.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 614,307 shares of the investment management company’s stock after buying an additional 18,154 shares during the period. Penserra Capital Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $5,461,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BDJ. Wedbush Securities Inc. grew its position in BlackRock Enhanced Equity Dividend Trust by 9.7% in the 2nd quarter. Wedbush Securities Inc. now owns 17,827 shares of the investment management company’s stock valued at $158,000 after purchasing an additional 1,581 shares during the period. Claro Advisors LLC raised its position in BlackRock Enhanced Equity Dividend Trust by 100.8% in the 2nd quarter. Claro Advisors LLC now owns 49,011 shares of the investment management company’s stock valued at $436,000 after buying an additional 24,603 shares during the last quarter. Shaker Financial Services LLC raised its position in BlackRock Enhanced Equity Dividend Trust by 128.1% in the 2nd quarter. Shaker Financial Services LLC now owns 627,929 shares of the investment management company’s stock valued at $5,582,000 after buying an additional 352,617 shares during the last quarter. Creekmur Asset Management LLC lifted its stake in BlackRock Enhanced Equity Dividend Trust by 66.5% during the 2nd quarter. Creekmur Asset Management LLC now owns 12,502 shares of the investment management company’s stock valued at $111,000 after acquiring an additional 4,992 shares in the last quarter. Finally, Kovack Advisors Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 2nd quarter worth $91,000.

BlackRock Enhanced Equity Dividend Trust Trading Down 0.6%

NYSE BDJ opened at $8.95 on Monday. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $7.16 and a 1 year high of $9.24. The company has a fifty day moving average price of $9.05 and a 200-day moving average price of $8.82.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be given a $0.0619 dividend. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Friday, November 14th.

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.