Hollencrest Capital Management Reduces Stock Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Hollencrest Capital Management lowered its holdings in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 10.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,254 shares of the financial services provider’s stock after selling 1,704 shares during the quarter. Hollencrest Capital Management’s holdings in BlackRock Enhanced Global Dividend Trust were worth $164,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BOE. Raymond James Financial Inc. purchased a new position in BlackRock Enhanced Global Dividend Trust during the 4th quarter valued at $6,140,000. Pathstone Holdings LLC boosted its holdings in BlackRock Enhanced Global Dividend Trust by 74.5% during the 3rd quarter. Pathstone Holdings LLC now owns 875,703 shares of the financial services provider’s stock valued at $9,864,000 after acquiring an additional 373,762 shares during the period. Arkadios Wealth Advisors lifted its holdings in shares of BlackRock Enhanced Global Dividend Trust by 185.6% in the 4th quarter. Arkadios Wealth Advisors now owns 71,085 shares of the financial services provider’s stock worth $766,000 after buying an additional 46,196 shares during the period. IHT Wealth Management LLC lifted its holdings in shares of BlackRock Enhanced Global Dividend Trust by 55.9% in the 3rd quarter. IHT Wealth Management LLC now owns 112,507 shares of the financial services provider’s stock worth $1,265,000 after buying an additional 40,350 shares during the period. Finally, HighTower Advisors LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 3rd quarter worth $314,000.

BlackRock Enhanced Global Dividend Trust Trading Up 0.6 %

Shares of BOE stock opened at $10.92 on Thursday. BlackRock Enhanced Global Dividend Trust has a twelve month low of $9.83 and a twelve month high of $11.47. The stock has a fifty day simple moving average of $11.17 and a two-hundred day simple moving average of $11.17.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.0827 dividend. This represents a $0.99 annualized dividend and a dividend yield of 9.09%. The ex-dividend date of this dividend is Friday, March 14th.

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.