Western Financial Corp CA Boosts Stock Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Western Financial Corp CA raised its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJFree Report) by 35.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,470 shares of the investment management company’s stock after acquiring an additional 5,359 shares during the quarter. Western Financial Corp CA’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $176,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Crews Bank & Trust acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 1st quarter worth $29,000. Summit Securities Group LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at about $38,000. Ameriflex Group Inc. acquired a new position in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth about $74,000. South Plains Financial Inc. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at about $81,000. Finally, Franklin Resources Inc. acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at approximately $92,000.

BlackRock Enhanced Equity Dividend Trust Price Performance

Shares of BDJ opened at $8.69 on Thursday. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $7.16 and a 1-year high of $9.07. The firm has a 50 day simple moving average of $8.45 and a 200-day simple moving average of $8.52.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.0619 per share. This represents a $0.74 annualized dividend and a yield of 8.55%. The ex-dividend date is Friday, June 13th.

About BlackRock Enhanced Equity Dividend Trust

(Free Report)

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.

See Also

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

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