Kestra Advisory Services LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Free Report) by 102.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,181 shares of the investment management company’s stock after acquiring an additional 58,660 shares during the period. Kestra Advisory Services LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,001,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Integrated Advisors Network LLC acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the 1st quarter worth approximately $86,000. Westbourne Investment Advisors Inc. purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 1st quarter valued at approximately $97,000. Private Advisor Group LLC increased its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 6.0% in the first quarter. Private Advisor Group LLC now owns 51,494 shares of the investment management company’s stock valued at $444,000 after purchasing an additional 2,913 shares during the period. SOL Capital Management CO acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the first quarter valued at approximately $3,168,000. Finally, Wealth Effects LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the first quarter worth approximately $157,000.
BlackRock Enhanced Equity Dividend Trust Stock Down 1.3%
Shares of NYSE BDJ opened at $9.57 on Friday. The stock has a fifty day moving average price of $9.37 and a 200 day moving average price of $9.30. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $8.42 and a 1-year high of $9.76.
BlackRock Enhanced Equity Dividend Trust Announces Dividend
About BlackRock Enhanced Equity Dividend Trust
BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in dividend-paying equity securities. The trust pursues an enhanced dividend strategy, focusing on U.S. large-capitalization common stocks with a history of dividend payments. To augment income generation, BDJ may also employ an option overlay strategy, writing covered call options on select securities or indices.
Since commencing operations in 2006, BDJ has been advised by BlackRock Fund Advisors, one of the world’s largest asset managers.
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