Wolverine Asset Management LLC Purchases 213,503 Shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY)

Wolverine Asset Management LLC grew its position in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 2,648.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 221,563 shares of the investment management company’s stock after purchasing an additional 213,503 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $1,168,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Dakota Wealth Management raised its holdings in BlackRock Enhanced International Dividend Trust by 46.3% during the third quarter. Dakota Wealth Management now owns 168,940 shares of the investment management company’s stock worth $843,000 after acquiring an additional 53,485 shares in the last quarter. WealthShield Partners LLC raised its holdings in BlackRock Enhanced International Dividend Trust by 12.8% during the third quarter. WealthShield Partners LLC now owns 23,047 shares of the investment management company’s stock worth $115,000 after acquiring an additional 2,620 shares in the last quarter. Advisor Partners II LLC bought a new stake in BlackRock Enhanced International Dividend Trust in the third quarter valued at approximately $272,000. Allspring Global Investments Holdings LLC raised its stake in BlackRock Enhanced International Dividend Trust by 9.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 10,028,875 shares of the investment management company’s stock valued at $50,044,000 after buying an additional 832,940 shares during the period. Finally, Arete Wealth Advisors LLC raised its stake in BlackRock Enhanced International Dividend Trust by 5.2% in the third quarter. Arete Wealth Advisors LLC now owns 656,146 shares of the investment management company’s stock valued at $3,274,000 after buying an additional 32,233 shares during the period.

BlackRock Enhanced International Dividend Trust Stock Performance

NYSE:BGY opened at $5.24 on Friday. The stock’s 50 day moving average price is $5.37 and its two-hundred day moving average price is $5.21. BlackRock Enhanced International Dividend Trust has a 12-month low of $4.68 and a 12-month high of $5.66.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a $0.034 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.41 annualized dividend and a yield of 7.79%.

BlackRock Enhanced International Dividend Trust Profile

BlackRock Enhanced International 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 excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.