Bluefin Capital Management LLC Acquires New Stake in BlackRock Enhanced Global Dividend Trust $BOE

Bluefin Capital Management LLC acquired a new position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 10,572 shares of the financial services provider’s stock, valued at approximately $115,000.

Other institutional investors also recently modified their holdings of the company. Sit Investment Associates Inc. grew its holdings in BlackRock Enhanced Global Dividend Trust by 30.0% in the first quarter. Sit Investment Associates Inc. now owns 1,710,576 shares of the financial services provider’s stock worth $18,560,000 after purchasing an additional 395,055 shares during the period. LPL Financial LLC increased its stake in shares of BlackRock Enhanced Global Dividend Trust by 120.1% in the first quarter. LPL Financial LLC now owns 343,517 shares of the financial services provider’s stock worth $3,727,000 after purchasing an additional 187,409 shares in the last quarter. NBC Securities Inc. boosted its position in shares of BlackRock Enhanced Global Dividend Trust by 1,057,276.9% during the first quarter. NBC Securities Inc. now owns 137,459 shares of the financial services provider’s stock worth $1,491,000 after acquiring an additional 137,446 shares during the last quarter. Saba Capital Management L.P. lifted its stake in BlackRock Enhanced Global Dividend Trust by 6.7% in the 4th quarter. Saba Capital Management L.P. now owns 2,148,768 shares of the financial services provider’s stock worth $23,142,000 after purchasing an additional 135,300 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new stake in BlackRock Enhanced Global Dividend Trust during the first quarter valued at $530,000.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of BOE opened at $11.61 on Wednesday. The firm has a fifty day moving average price of $11.44 and a 200-day moving average price of $11.09. BlackRock Enhanced Global Dividend Trust has a 12-month low of $9.16 and a 12-month high of $11.64.

BlackRock Enhanced Global Dividend Trust Announces Dividend

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 dividend of $0.0827 per share. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend is Monday, September 15th.

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.