BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Sold by Centurion Wealth Management LLC

Centurion Wealth Management LLC lessened its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 16.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 111,105 shares of the investment management company’s stock after selling 22,249 shares during the period. Centurion Wealth Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $920,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of BDJ. Moors & Cabot Inc. acquired a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth about $142,000. Vista Investment Partners II LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth about $145,000. Independent Advisor Alliance acquired a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth about $243,000. PNC Financial Services Group Inc. lifted its stake in BlackRock Enhanced Equity Dividend Trust by 21.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 45,076 shares of the investment management company’s stock worth $373,000 after acquiring an additional 8,037 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth about $28,740,000.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ opened at $8.59 on Friday. The stock’s 50-day moving average price is $8.73 and its 200 day moving average price is $8.67. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $7.80 and a 12-month high of $9.07.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.0619 per share. This is a positive change from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.74 annualized dividend and a yield of 8.65%.

BlackRock Enhanced Equity Dividend Trust Company Profile

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.