PNC Financial Services Group Inc. Sells 61,188 Shares of BlackRock Enhanced International Dividend Trust $BGY

PNC Financial Services Group Inc. cut its holdings in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 55.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 48,997 shares of the investment management company’s stock after selling 61,188 shares during the quarter. PNC Financial Services Group Inc.’s holdings in BlackRock Enhanced International Dividend Trust were worth $284,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of BGY. Harbour Investments Inc. lifted its position in BlackRock Enhanced International Dividend Trust by 82.8% during the second quarter. Harbour Investments Inc. now owns 4,538 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 2,056 shares during the last quarter. Pinnacle Bancorp Inc. bought a new position in shares of BlackRock Enhanced International Dividend Trust in the 2nd quarter valued at about $36,000. Atria Wealth Solutions Inc. purchased a new position in BlackRock Enhanced International Dividend Trust in the first quarter worth about $61,000. Elequin Capital LP increased its stake in BlackRock Enhanced International Dividend Trust by 60.0% during the first quarter. Elequin Capital LP now owns 16,107 shares of the investment management company’s stock worth $90,000 after acquiring an additional 6,039 shares during the last quarter. Finally, WealthShield Partners LLC purchased a new stake in BlackRock Enhanced International Dividend Trust during the first quarter valued at approximately $102,000.

BlackRock Enhanced International Dividend Trust Stock Up 1.3%

NYSE:BGY opened at $5.72 on Thursday. The business has a 50 day simple moving average of $5.75 and a 200-day simple moving average of $5.75. BlackRock Enhanced International Dividend Trust has a 1 year low of $4.67 and a 1 year high of $5.95.

BlackRock Enhanced International Dividend Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be paid a dividend of $0.0426 per share. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Friday, November 14th.

BlackRock Enhanced International Dividend Trust Profile

BlackRock Enhanced International Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.