Park Avenue Securities LLC purchased a new position in BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,124 shares of the investment management company’s stock, valued at approximately $138,000.
Separately, Accurate Investment Solutions Inc. boosted its position in BlackRock Enhanced Dividend Achievers Tr by 1.6% in the second quarter. Accurate Investment Solutions Inc. now owns 27,831 shares of the investment management company’s stock worth $245,000 after buying an additional 446 shares during the period.
BlackRock Enhanced Dividend Achievers Tr (NYSE BDJ) traded up 0.77% on Friday, reaching $8.71. The company’s stock had a trading volume of 852,300 shares. The firm has a 50 day moving average price of $8.89 and a 200 day moving average price of $8.61. BlackRock Enhanced Dividend Achievers Tr has a 52 week low of $7.42 and a 52 week high of $9.04.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.0467 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.56 annualized dividend and a dividend yield of 6.43%.
BlackRock Enhanced Dividend Achievers Tr Company Profile
BlackRock Enhanced Equity Dividend Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. It seeks to achieve its investment objectives by investing in common stocks that pay dividends and have the potential for capital appreciation and by utilizing an option writing (selling) strategy to seek total return performance and enhance distributions.
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