International Assets Investment Management LLC Buys 1,322 Shares of BlackRock Enhanced Equity Dividend Trust $BDJ

International Assets Investment Management LLC increased its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 3.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,766 shares of the investment management company’s stock after purchasing an additional 1,322 shares during the period. International Assets Investment Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $354,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Stratos Wealth Partners LTD. boosted its stake in shares of BlackRock Enhanced Equity Dividend Trust by 238.8% during the second quarter. Stratos Wealth Partners LTD. now owns 61,212 shares of the investment management company’s stock valued at $544,000 after purchasing an additional 43,145 shares during the period. Chung Wu Investment Group LLC bought a new position in shares of BlackRock Enhanced Equity Dividend Trust during the second quarter valued at $32,000. Janney Montgomery Scott LLC increased its holdings in BlackRock Enhanced Equity Dividend Trust by 16.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 352,754 shares of the investment management company’s stock worth $3,136,000 after buying an additional 50,012 shares in the last quarter. Western Financial Corp CA increased its holdings in BlackRock Enhanced Equity Dividend Trust by 12.2% in the 2nd quarter. Western Financial Corp CA now owns 22,962 shares of the investment management company’s stock worth $204,000 after buying an additional 2,492 shares in the last quarter. Finally, Fortitude Family Office LLC boosted its position in BlackRock Enhanced Equity Dividend Trust by 318.9% in the second quarter. Fortitude Family Office LLC now owns 7,619 shares of the investment management company’s stock worth $68,000 after purchasing an additional 5,800 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

Shares of NYSE:BDJ opened at $8.98 on Thursday. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $7.16 and a 52-week high of $9.24. The stock’s 50-day simple moving average is $9.02 and its two-hundred day simple moving average is $8.71.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be paid a dividend of $0.0619 per share. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Wednesday, October 15th.

BlackRock Enhanced Equity Dividend Trust 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.