WealthTrust Axiom LLC Has $843,000 Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

WealthTrust Axiom LLC reduced its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 109,647 shares of the investment management company’s stock after selling 1,278 shares during the quarter. WealthTrust Axiom LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $843,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BDJ. AE Wealth Management LLC lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 13.4% during the 3rd quarter. AE Wealth Management LLC now owns 16,624 shares of the investment management company’s stock worth $127,000 after purchasing an additional 1,959 shares during the last quarter. Raymond James & Associates lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 0.7% during the 3rd quarter. Raymond James & Associates now owns 2,106,193 shares of the investment management company’s stock worth $16,028,000 after purchasing an additional 13,913 shares during the last quarter. Stratos Wealth Advisors LLC lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 6.0% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 712,967 shares of the investment management company’s stock worth $5,426,000 after purchasing an additional 40,644 shares during the last quarter. Brown Advisory Inc. acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the 3rd quarter worth approximately $159,000. Finally, Financial Advocates Investment Management lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 15.1% during the 3rd quarter. Financial Advocates Investment Management now owns 72,290 shares of the investment management company’s stock worth $550,000 after purchasing an additional 9,474 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Performance

NYSE:BDJ traded down $0.02 during mid-day trading on Tuesday, hitting $8.00. 547,333 shares of the stock were exchanged, compared to its average volume of 519,916. The firm’s 50-day simple moving average is $8.07 and its 200 day simple moving average is $7.81. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $6.91 and a fifty-two week high of $8.57.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a $0.056 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.67 annualized dividend and a yield of 8.40%.

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.