Park Avenue Securities LLC Buys Shares of 10,544 BlackRock Enhanced Global Dividend Trust (BOE)

Park Avenue Securities LLC acquired a new stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,544 shares of the financial services provider’s stock, valued at approximately $137,000.

A number of other large investors also recently modified their holdings of BOE. Blue Bell Private Wealth Management LLC raised its position in shares of BlackRock Enhanced Global Dividend Trust by 18.3% in the first quarter. Blue Bell Private Wealth Management LLC now owns 26,559 shares of the financial services provider’s stock valued at $329,000 after buying an additional 4,100 shares during the period. Saba Capital Management L.P. purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the first quarter worth about $1,207,000. Morgan Stanley raised its stake in shares of BlackRock Enhanced Global Dividend Trust by 3.6% in the first quarter. Morgan Stanley now owns 3,923,017 shares of the financial services provider’s stock worth $48,645,000 after buying an additional 137,719 shares during the last quarter. Suntrust Banks Inc. raised its stake in shares of BlackRock Enhanced Global Dividend Trust by 1.0% in the first quarter. Suntrust Banks Inc. now owns 20,453 shares of the financial services provider’s stock worth $253,000 after buying an additional 197 shares during the last quarter. Finally, Relative Value Partners Group LLC raised its stake in shares of BlackRock Enhanced Global Dividend Trust by 0.4% in the first quarter. Relative Value Partners Group LLC now owns 12,368 shares of the financial services provider’s stock worth $153,000 after buying an additional 51 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust (BOE) traded up 0.53% during mid-day trading on Friday, reaching $12.95. The company’s stock had a trading volume of 451,228 shares. The company’s 50-day moving average price is $13.39 and its 200 day moving average price is $12.87. BlackRock Enhanced Global Dividend Trust has a 52 week low of $11.29 and a 52 week high of $13.66.

The business also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.078 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.94 annualized dividend and a yield of 7.23%.

TRADEMARK VIOLATION WARNING: “Park Avenue Securities LLC Buys Shares of 10,544 BlackRock Enhanced Global Dividend Trust (BOE)” was published by Stock Observer and is the property of of Stock Observer. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://www.thestockobserver.com/2017/08/12/park-avenue-securities-llc-takes-position-in-blackrock-enhanced-global-dividend-trust-boe-updated.html.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global Dividend Trust (the Trust), formerly BlackRock Global Opportunities Equity Trust, is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income and current gains, with a secondary objective of long-term capital appreciation.

Institutional Ownership by Quarter for BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Receive News & Ratings for BlackRock Enhanced Global Dividend Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Enhanced Global Dividend Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply