Wolverine Asset Management LLC Reduces Holdings in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Wolverine Asset Management LLC reduced its position in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 70.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,050 shares of the financial services provider’s stock after selling 68,087 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Meridian Wealth Management LLC purchased a new stake in BlackRock Enhanced Global Dividend Trust in the third quarter worth $138,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 3rd quarter worth $143,000. Rockefeller Capital Management L.P. purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the third quarter valued at $201,000. Oppenheimer & Co. Inc. boosted its holdings in shares of BlackRock Enhanced Global Dividend Trust by 18.8% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 19,733 shares of the financial services provider’s stock valued at $222,000 after acquiring an additional 3,120 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in shares of BlackRock Enhanced Global Dividend Trust during the fourth quarter valued at approximately $239,000.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of NYSE:BOE opened at $11.35 on Monday. BlackRock Enhanced Global Dividend Trust has a 52-week low of $9.83 and a 52-week high of $11.47. The stock’s 50-day simple moving average is $11.11 and its two-hundred day simple moving average is $11.14.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.0827 per share. The ex-dividend date is Friday, February 14th. This represents a $0.99 annualized dividend and a yield of 8.75%.

BlackRock Enhanced Global Dividend Trust Profile

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.