BlackRock Enhanced International Dividend Trust (NYSE:BGY – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.74 and traded as high as $5.94. BlackRock Enhanced International Dividend Trust shares last traded at $5.92, with a volume of 129,644 shares trading hands.
BlackRock Enhanced International Dividend Trust Trading Up 0.2%
The company’s fifty day simple moving average is $5.80 and its two-hundred day simple moving average is $5.74.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Royal Bank of Canada raised its position in shares of BlackRock Enhanced International Dividend Trust by 4.6% during the 1st quarter. Royal Bank of Canada now owns 264,938 shares of the investment management company’s stock worth $1,486,000 after purchasing an additional 11,717 shares during the last quarter. Cetera Investment Advisers acquired a new stake in BlackRock Enhanced International Dividend Trust during the 2nd quarter valued at $80,000. XTX Topco Ltd purchased a new position in BlackRock Enhanced International Dividend Trust during the second quarter worth $67,000. Walleye Capital LLC purchased a new position in BlackRock Enhanced International Dividend Trust during the second quarter worth $165,000. Finally, Jane Street Group LLC acquired a new position in shares of BlackRock Enhanced International Dividend Trust in the second quarter worth $254,000.
BlackRock Enhanced International Dividend Trust Company Profile
BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.
The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.
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