Claro Advisors LLC Lowers Stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Claro Advisors LLC decreased its position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 51.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,662 shares of the investment management company’s stock after selling 32,974 shares during the quarter. Claro Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $254,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in BDJ. Raymond James & Associates lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 2.1% during the third quarter. Raymond James & Associates now owns 2,082,445 shares of the investment management company’s stock worth $18,013,000 after purchasing an additional 43,766 shares in the last quarter. Advisors Asset Management Inc. increased its stake in BlackRock Enhanced Equity Dividend Trust by 4.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,083,026 shares of the investment management company’s stock worth $9,368,000 after buying an additional 41,426 shares during the period. Stifel Financial Corp lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 2.3% during the 3rd quarter. Stifel Financial Corp now owns 996,966 shares of the investment management company’s stock worth $8,624,000 after buying an additional 22,548 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in BlackRock Enhanced Equity Dividend Trust by 138.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 711,096 shares of the investment management company’s stock valued at $6,151,000 after buying an additional 412,499 shares during the period. Finally, International Assets Investment Management LLC grew its stake in shares of BlackRock Enhanced Equity Dividend Trust by 792.7% in the third quarter. International Assets Investment Management LLC now owns 341,764 shares of the investment management company’s stock worth $29,560,000 after acquiring an additional 303,480 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Trading Up 1.3 %

NYSE:BDJ opened at $8.67 on Thursday. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $7.71 and a 12-month high of $9.07. The stock has a fifty day moving average price of $8.64 and a 200 day moving average price of $8.53.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.0619 dividend. This represents a $0.74 annualized dividend and a dividend yield of 8.57%. The ex-dividend date of this dividend is Wednesday, January 15th. This is a boost from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

BlackRock Enhanced Equity Dividend Trust Company 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.