Smith Asset Management Co. LLC Takes $3.20 Million Position in BlackRock Enhanced International Dividend Trust $BGY

Smith Asset Management Co. LLC bought a new stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 571,203 shares of the investment management company’s stock, valued at approximately $3,204,000. BlackRock Enhanced International Dividend Trust comprises approximately 3.0% of Smith Asset Management Co. LLC’s holdings, making the stock its 9th biggest holding.

Several other large investors have also recently bought and sold shares of the business. Royal Bank of Canada boosted its position in shares of BlackRock Enhanced International Dividend Trust by 4.6% in the 1st quarter. Royal Bank of Canada now owns 264,938 shares of the investment management company’s stock worth $1,486,000 after buying an additional 11,717 shares in the last quarter. Baird Financial Group Inc. lifted its stake in BlackRock Enhanced International Dividend Trust by 7.4% during the first quarter. Baird Financial Group Inc. now owns 860,414 shares of the investment management company’s stock worth $4,827,000 after purchasing an additional 59,359 shares during the last quarter. Comerica Bank raised its stake in shares of BlackRock Enhanced International Dividend Trust by 4.3% during the first quarter. Comerica Bank now owns 136,829 shares of the investment management company’s stock valued at $768,000 after purchasing an additional 5,674 shares in the last quarter. Elequin Capital LP increased its stake in BlackRock Enhanced International Dividend Trust by 60.0% in the 1st quarter. Elequin Capital LP now owns 16,107 shares of the investment management company’s stock worth $90,000 after purchasing an additional 6,039 shares in the last quarter. Finally, Sit Investment Associates Inc. boosted its position in BlackRock Enhanced International Dividend Trust by 26.3% during the 1st quarter. Sit Investment Associates Inc. now owns 2,271,475 shares of the investment management company’s stock worth $12,743,000 after acquiring an additional 473,417 shares during the period.

BlackRock Enhanced International Dividend Trust Trading Up 0.1%

Shares of BlackRock Enhanced International Dividend Trust stock opened at $5.76 on Tuesday. BlackRock Enhanced International Dividend Trust has a 52-week low of $4.67 and a 52-week high of $5.95. The stock has a 50-day simple moving average of $5.74 and a 200-day simple moving average of $5.66.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.0426 dividend. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date is Monday, September 15th.

BlackRock Enhanced International Dividend Trust Profile

BlackRock Enhanced International 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 excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.