Mezzasalma Advisors LLC Cuts Stock Position in BlackRock Enhanced Equity Dividend Trust $BDJ

Mezzasalma Advisors LLC trimmed its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 3.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,144 shares of the investment management company’s stock after selling 1,454 shares during the period. Mezzasalma Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $384,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in BDJ. International Assets Investment Management LLC raised its stake in BlackRock Enhanced Equity Dividend Trust by 3.4% during the 2nd quarter. International Assets Investment Management LLC now owns 39,766 shares of the investment management company’s stock valued at $354,000 after purchasing an additional 1,322 shares during the period. Private Advisor Group LLC grew its holdings in BlackRock Enhanced Equity Dividend Trust by 3.0% during the 1st quarter. Private Advisor Group LLC now owns 46,143 shares of the investment management company’s stock valued at $397,000 after buying an additional 1,328 shares in the last quarter. Tyler Stone Wealth Management raised its position in shares of BlackRock Enhanced Equity Dividend Trust by 2.1% during the first quarter. Tyler Stone Wealth Management now owns 66,084 shares of the investment management company’s stock valued at $568,000 after buying an additional 1,354 shares during the last quarter. Saxony Capital Management LLC lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 3.4% in the first quarter. Saxony Capital Management LLC now owns 45,809 shares of the investment management company’s stock worth $394,000 after buying an additional 1,500 shares in the last quarter. Finally, Stolper Co lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 2.9% in the second quarter. Stolper Co now owns 63,671 shares of the investment management company’s stock worth $566,000 after buying an additional 1,776 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.3%

BDJ opened at $8.97 on Friday. The company has a fifty day moving average of $9.02 and a 200 day moving average of $8.69. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.16 and a fifty-two week high of $9.24.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be issued a $0.0619 dividend. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Wednesday, October 15th.

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.