Dakota Wealth Management Trims Stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Dakota Wealth Management reduced its position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 4.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 69,864 shares of the financial services provider’s stock after selling 3,581 shares during the period. Dakota Wealth Management’s holdings in BlackRock Enhanced Global Dividend Trust were worth $787,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Spirepoint Private Client LLC acquired a new position in BlackRock Enhanced Global Dividend Trust in the 1st quarter valued at about $108,000. Pinnacle Wealth Planning Services Inc. increased its position in BlackRock Enhanced Global Dividend Trust by 8.7% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 12,306 shares of the financial services provider’s stock valued at $129,000 after acquiring an additional 982 shares during the period. Pacific Wealth Strategies Group Inc. increased its position in BlackRock Enhanced Global Dividend Trust by 40.2% in the 1st quarter. Pacific Wealth Strategies Group Inc. now owns 17,000 shares of the financial services provider’s stock valued at $178,000 after acquiring an additional 4,875 shares during the period. Integrated Capital Management Inc. increased its position in BlackRock Enhanced Global Dividend Trust by 8.5% in the 2nd quarter. Integrated Capital Management Inc. now owns 19,780 shares of the financial services provider’s stock valued at $210,000 after acquiring an additional 1,546 shares during the period. Finally, Choreo LLC acquired a new position in BlackRock Enhanced Global Dividend Trust in the 2nd quarter valued at about $458,000.

BlackRock Enhanced Global Dividend Trust Stock Performance

Shares of BOE stock opened at $11.31 on Monday. BlackRock Enhanced Global Dividend Trust has a 52-week low of $8.80 and a 52-week high of $11.47. The stock’s 50-day moving average price is $11.14 and its 200 day moving average price is $10.72.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a $0.063 dividend. This represents a $0.76 annualized dividend and a yield of 6.68%. The ex-dividend date is Tuesday, October 15th.

BlackRock Enhanced Global Dividend Trust Profile

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.