BlackRock Enhanced Equity Dividend Trust $BDJ Shares Purchased by UBS Group AG

UBS Group AG lifted its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 9.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 700,242 shares of the investment management company’s stock after acquiring an additional 62,974 shares during the quarter. UBS Group AG’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $6,638,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. United Financial Planning Group LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 3rd quarter worth approximately $26,000. Harbor Investment Advisory LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter worth approximately $28,000. Atlantic Union Bankshares Corp acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 3rd quarter worth approximately $32,000. Optima Capital LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter worth approximately $35,000. Finally, Global Wealth Strategies & Associates acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter worth approximately $37,000.

BlackRock Enhanced Equity Dividend Trust Stock Performance

Shares of BDJ stock opened at $8.99 on Wednesday. The firm’s 50 day moving average price is $8.97 and its 200-day moving average price is $9.21. BlackRock Enhanced Equity Dividend Trust has a one year low of $8.38 and a one year high of $9.76.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.0619 dividend. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Monday, June 15th.

BlackRock Enhanced Equity Dividend Trust Profile

BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in dividend-paying equity securities. The trust pursues an enhanced dividend strategy, focusing on U.S. large-capitalization common stocks with a history of dividend payments. To augment income generation, BDJ may also employ an option overlay strategy, writing covered call options on select securities or indices.

Since commencing operations in 2006, BDJ has been advised by BlackRock Fund Advisors, one of the world’s largest asset managers.