Modern Wealth Management LLC Takes Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Modern Wealth Management LLC bought a new position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,406 shares of the financial services provider’s stock, valued at approximately $128,000.

A number of other institutional investors have also recently bought and sold shares of the business. Illumine Investment Management LLC acquired a new position in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter valued at $140,000. WealthShield Partners LLC increased its stake in BlackRock Enhanced Global Dividend Trust by 56.8% in the fourth quarter. WealthShield Partners LLC now owns 16,315 shares of the financial services provider’s stock valued at $176,000 after acquiring an additional 5,907 shares during the period. Rockefeller Capital Management L.P. acquired a new position in BlackRock Enhanced Global Dividend Trust in the third quarter worth about $201,000. Concurrent Investment Advisors LLC bought a new position in BlackRock Enhanced Global Dividend Trust during the fourth quarter worth about $239,000. Finally, Oppenheimer & Co. Inc. boosted its holdings in BlackRock Enhanced Global Dividend Trust by 15.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 22,712 shares of the financial services provider’s stock valued at $245,000 after purchasing an additional 2,979 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of BOE opened at $10.85 on Friday. BlackRock Enhanced Global Dividend Trust has a 1 year low of $9.83 and a 1 year high of $11.47. The stock has a 50 day simple moving average of $11.17 and a 200-day simple moving average of $11.16.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0827 per share. The ex-dividend date is Friday, March 14th. This represents a $0.99 annualized dividend and a yield of 9.15%.

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.