BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Sold by Corrado Advisors LLC

Corrado Advisors LLC decreased its position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 24.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,305 shares of the investment management company’s stock after selling 9,355 shares during the period. Corrado Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the third quarter worth about $43,000. JPMorgan Chase & Co. boosted its holdings in BlackRock Enhanced Equity Dividend Trust by 1,203.3% in the third quarter. JPMorgan Chase & Co. now owns 5,539 shares of the investment management company’s stock valued at $48,000 after purchasing an additional 5,114 shares during the last quarter. Arete Wealth Advisors LLC acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the 3rd quarter worth about $98,000. Icon Wealth Advisors LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 3rd quarter valued at about $118,000. Finally, Western Financial Corp CA acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter valued at about $125,000.

BlackRock Enhanced Equity Dividend Trust Stock Performance

Shares of BDJ opened at $8.77 on Thursday. BlackRock Enhanced Equity Dividend Trust has a 52 week low of $7.80 and a 52 week high of $9.07. The stock’s 50-day moving average price is $8.63 and its 200-day moving average price is $8.64.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.0619 dividend. This represents a $0.74 annualized dividend and a yield of 8.47%. The ex-dividend date is Friday, February 14th. This is a positive change from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

About BlackRock Enhanced Equity Dividend Trust

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.