Claro Advisors LLC Has $550,000 Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Claro Advisors LLC decreased its position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 54.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 63,636 shares of the investment management company’s stock after selling 74,576 shares during the period. Claro Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $550,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC increased its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 32.9% in the 2nd quarter. CWM LLC now owns 8,333 shares of the investment management company’s stock valued at $68,000 after purchasing an additional 2,065 shares during the period. First Heartland Consultants Inc. acquired a new position in BlackRock Enhanced Equity Dividend Trust in the 2nd quarter valued at approximately $86,000. Kapstone Financial Advisors LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust in the 2nd quarter worth approximately $89,000. Prairie Wealth Advisors Inc. boosted its stake in shares of BlackRock Enhanced Equity Dividend Trust by 14.7% during the 2nd quarter. Prairie Wealth Advisors Inc. now owns 16,800 shares of the investment management company’s stock valued at $137,000 after buying an additional 2,150 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 1st quarter valued at $147,000.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.3 %

NYSE BDJ opened at $9.04 on Tuesday. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $7.53 and a 1-year high of $9.07. The firm’s fifty day simple moving average is $8.67 and its 200-day simple moving average is $8.42.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.0562 dividend. This represents a $0.67 annualized dividend and a yield of 7.46%. The ex-dividend date is Friday, November 15th.

About BlackRock Enhanced Equity Dividend Trust

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.