BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

BlackRock Enhanced Global Dividend Trust (NYSE:BOE)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.38 and traded as high as $11.61. BlackRock Enhanced Global Dividend Trust shares last traded at $11.56, with a volume of 132,370 shares changing hands.

BlackRock Enhanced Global Dividend Trust Price Performance

The firm has a 50-day moving average price of $11.59 and a 200-day moving average price of $11.38.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $0.0827 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) annualized dividend and a yield of 8.6%.

Institutional Investors Weigh In On BlackRock Enhanced Global Dividend Trust

Institutional investors and hedge funds have recently made changes to their positions in the company. WPG Advisers LLC purchased a new position in BlackRock Enhanced Global Dividend Trust in the 1st quarter worth approximately $49,000. Pinnacle Bancorp Inc. bought a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 2nd quarter worth $72,000. Allworth Financial LP purchased a new position in shares of BlackRock Enhanced Global Dividend Trust in the second quarter worth $74,000. Jackson Grant Investment Advisers Inc. bought a new position in shares of BlackRock Enhanced Global Dividend Trust during the third quarter valued at $85,000. Finally, Bluefin Capital Management LLC bought a new position in shares of BlackRock Enhanced Global Dividend Trust during the first quarter valued at $115,000.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.