City of London Investment Management Co. Ltd. Has $11.35 Million Stock Position in BlackRock Enhanced International Dividend Trust $BGY

City of London Investment Management Co. Ltd. lifted its stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 7.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,973,384 shares of the investment management company’s stock after purchasing an additional 136,515 shares during the quarter. BlackRock Enhanced International Dividend Trust accounts for 0.8% of City of London Investment Management Co. Ltd.’s portfolio, making the stock its 27th largest position. City of London Investment Management Co. Ltd.’s holdings in BlackRock Enhanced International Dividend Trust were worth $11,347,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BGY. NWF Advisory Services Inc. increased its stake in BlackRock Enhanced International Dividend Trust by 3.7% in the 3rd quarter. NWF Advisory Services Inc. now owns 55,437 shares of the investment management company’s stock valued at $319,000 after buying an additional 1,953 shares during the period. Comprehensive Money Management Services LLC boosted its stake in shares of BlackRock Enhanced International Dividend Trust by 3.3% during the 3rd quarter. Comprehensive Money Management Services LLC now owns 74,510 shares of the investment management company’s stock valued at $428,000 after buying an additional 2,382 shares during the period. Endeavor Private Wealth Inc. grew its holdings in shares of BlackRock Enhanced International Dividend Trust by 11.3% during the 3rd quarter. Endeavor Private Wealth Inc. now owns 35,250 shares of the investment management company’s stock valued at $203,000 after acquiring an additional 3,573 shares in the last quarter. UBS Group AG grew its holdings in shares of BlackRock Enhanced International Dividend Trust by 1.2% during the 3rd quarter. UBS Group AG now owns 365,958 shares of the investment management company’s stock valued at $2,104,000 after acquiring an additional 4,181 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of BlackRock Enhanced International Dividend Trust by 9.4% in the second quarter. Rockefeller Capital Management L.P. now owns 55,610 shares of the investment management company’s stock worth $322,000 after acquiring an additional 4,761 shares during the last quarter.

BlackRock Enhanced International Dividend Trust Trading Down 2.4%

Shares of NYSE:BGY opened at $5.56 on Friday. BlackRock Enhanced International Dividend Trust has a 1 year low of $4.67 and a 1 year high of $6.23. The business has a fifty day simple moving average of $5.98 and a 200 day simple moving average of $5.84.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.0426 dividend. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Enhanced International Dividend Trust Company Profile

BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.

The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.