Cornerstone Advisors LLC Decreases Stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY)

Cornerstone Advisors LLC trimmed its holdings in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 28.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 193,666 shares of the investment management company’s stock after selling 78,857 shares during the quarter. Cornerstone Advisors LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $1,071,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Shaker Financial Services LLC raised its stake in BlackRock Enhanced International Dividend Trust by 70.1% in the 4th quarter. Shaker Financial Services LLC now owns 197,370 shares of the investment management company’s stock valued at $1,040,000 after purchasing an additional 81,315 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of BlackRock Enhanced International Dividend Trust by 10.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 135,245 shares of the investment management company’s stock worth $713,000 after purchasing an additional 13,175 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of BlackRock Enhanced International Dividend Trust by 2.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,231,563 shares of the investment management company’s stock worth $53,920,000 after buying an additional 202,688 shares during the period. Hartline Investment Corp acquired a new stake in shares of BlackRock Enhanced International Dividend Trust in the first quarter valued at $97,000. Finally, Weiss Asset Management LP purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the 4th quarter valued at approximately $92,000.

BlackRock Enhanced International Dividend Trust Trading Up 0.2 %

Shares of NYSE BGY traded up $0.01 during mid-day trading on Friday, reaching $5.56. The company had a trading volume of 63,331 shares, compared to its average volume of 197,840. The firm has a 50 day simple moving average of $5.54 and a two-hundred day simple moving average of $5.41. BlackRock Enhanced International Dividend Trust has a 52-week low of $4.68 and a 52-week high of $5.70.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th will be paid a dividend of $0.0338 per share. This represents a $0.41 annualized dividend and a dividend yield of 7.29%. The ex-dividend date of this dividend is Monday, July 15th.

BlackRock Enhanced International Dividend Trust Company 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.