Stolper Co Purchases 1,776 Shares of BlackRock Enhanced Equity Dividend Trust $BDJ

Stolper Co increased its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 2.9% during the 2nd quarter, Holdings Channel reports. The firm owned 63,671 shares of the investment management company’s stock after purchasing an additional 1,776 shares during the quarter. Stolper Co’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $566,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Concorde Asset Management LLC boosted its stake in shares of BlackRock Enhanced Equity Dividend Trust by 36.3% in the 1st quarter. Concorde Asset Management LLC now owns 48,404 shares of the investment management company’s stock worth $396,000 after buying an additional 12,891 shares during the last quarter. Heritage Wealth Management Inc. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the first quarter valued at approximately $155,000. Wealthcare Advisory Partners LLC bought a new stake in BlackRock Enhanced Equity Dividend Trust during the first quarter worth $186,000. D.A. Davidson & CO. boosted its position in BlackRock Enhanced Equity Dividend Trust by 8.9% in the first quarter. D.A. Davidson & CO. now owns 34,673 shares of the investment management company’s stock worth $298,000 after purchasing an additional 2,829 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust in the fourth quarter worth $327,000.

BlackRock Enhanced Equity Dividend Trust Price Performance

Shares of BlackRock Enhanced Equity Dividend Trust stock opened at $8.98 on Friday. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $7.16 and a 1 year high of $9.11. The stock has a fifty day moving average price of $8.91 and a 200-day moving average price of $8.63.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $0.0619 per share. The ex-dividend date is Monday, September 15th. This represents a c) annualized dividend and a yield of 8.3%.

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.