Readystate Asset Management LP Makes New $609,000 Investment in BlackRock Enhanced Global Dividend Trust $BOE

Readystate Asset Management LP bought a new position in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 52,644 shares of the financial services provider’s stock, valued at approximately $609,000.

Other institutional investors have also recently made changes to their positions in the company. AlphaCore Capital LLC lifted its position in BlackRock Enhanced Global Dividend Trust by 53.7% during the second quarter. AlphaCore Capital LLC now owns 75,100 shares of the financial services provider’s stock valued at $852,000 after buying an additional 26,237 shares during the period. Allworth Financial LP bought a new position in shares of BlackRock Enhanced Global Dividend Trust in the 2nd quarter worth about $74,000. Guggenheim Capital LLC lifted its position in BlackRock Enhanced Global Dividend Trust by 22.4% during the 2nd quarter. Guggenheim Capital LLC now owns 1,027,433 shares of the financial services provider’s stock valued at $11,661,000 after acquiring an additional 187,790 shares during the period. Wolverine Asset Management LLC lifted its position in BlackRock Enhanced Global Dividend Trust by 101.6% during the 3rd quarter. Wolverine Asset Management LLC now owns 154,237 shares of the financial services provider’s stock valued at $1,785,000 after acquiring an additional 77,734 shares during the period. Finally, Shaker Financial Services LLC boosted its stake in BlackRock Enhanced Global Dividend Trust by 102.4% during the third quarter. Shaker Financial Services LLC now owns 178,470 shares of the financial services provider’s stock worth $2,065,000 after acquiring an additional 90,304 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Stock Up 0.4%

Shares of NYSE BOE opened at $11.98 on Thursday. The company has a 50 day simple moving average of $11.85 and a two-hundred day simple moving average of $11.64. BlackRock Enhanced Global Dividend Trust has a fifty-two week low of $9.16 and a fifty-two week high of $12.18.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.0827 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Enhanced Global Dividend Trust Profile

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.