Illumine Investment Management LLC Buys New Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Illumine Investment Management LLC purchased a new stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,974 shares of the financial services provider’s stock, valued at approximately $140,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates increased its holdings in BlackRock Enhanced Global Dividend Trust by 0.4% in the 3rd quarter. Raymond James & Associates now owns 501,473 shares of the financial services provider’s stock valued at $5,647,000 after purchasing an additional 1,844 shares in the last quarter. Whitener Capital Management Inc. boosted its position in BlackRock Enhanced Global Dividend Trust by 12.4% in the 3rd quarter. Whitener Capital Management Inc. now owns 23,544 shares of the financial services provider’s stock valued at $265,000 after buying an additional 2,605 shares during the last quarter. Park Avenue Securities LLC boosted its position in BlackRock Enhanced Global Dividend Trust by 2.1% in the 4th quarter. Park Avenue Securities LLC now owns 133,285 shares of the financial services provider’s stock valued at $1,435,000 after buying an additional 2,692 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of BlackRock Enhanced Global Dividend Trust by 15.1% during the 4th quarter. Oppenheimer & Co. Inc. now owns 22,712 shares of the financial services provider’s stock valued at $245,000 after buying an additional 2,979 shares during the last quarter. Finally, WealthShield Partners LLC boosted its stake in BlackRock Enhanced Global Dividend Trust by 56.8% during the 4th quarter. WealthShield Partners LLC now owns 16,315 shares of the financial services provider’s stock valued at $176,000 after purchasing an additional 5,907 shares during the period.

BlackRock Enhanced Global Dividend Trust Stock Performance

BOE stock opened at $11.23 on Friday. The firm’s 50-day moving average is $11.14 and its two-hundred day moving average is $11.15. BlackRock Enhanced Global Dividend Trust has a 52 week low of $9.83 and a 52 week high of $11.47.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.0827 per share. This represents a $0.99 annualized dividend and a yield of 8.84%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Enhanced Global Dividend Trust Company 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.