BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Stake Raised by AE Wealth Management LLC

AE Wealth Management LLC boosted its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 18.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 25,530 shares of the investment management company’s stock after purchasing an additional 4,014 shares during the quarter. AE Wealth Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $242,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BDJ. Waterfront Wealth Inc. bought a new stake in BlackRock Enhanced Equity Dividend Trust in the first quarter worth about $3,697,000. Landscape Capital Management L.L.C. increased its position in shares of BlackRock Enhanced Equity Dividend Trust by 230.1% in the fourth quarter. Landscape Capital Management L.L.C. now owns 290,344 shares of the investment management company’s stock worth $2,459,000 after acquiring an additional 202,400 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 662.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 227,355 shares of the investment management company’s stock valued at $1,926,000 after acquiring an additional 197,538 shares during the period. David J Yvars Group purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter valued at approximately $1,312,000. Finally, Ieq Capital LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter valued at approximately $762,000.

NYSE BDJ opened at $10.06 on Friday. BlackRock Enhanced Equity Dividend Trust has a twelve month low of $6.73 and a twelve month high of $10.26. The firm’s 50 day moving average price is $9.74 and its two-hundred day moving average price is $8.76.

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 28th. Shareholders of record on Friday, May 14th will be given a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 5.96%. The ex-dividend date of this dividend is Thursday, May 13th.

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.

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Institutional Ownership by Quarter for BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

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