Perigon Wealth Management LLC Reduces Stock Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Perigon Wealth Management LLC lessened its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 17.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,037 shares of the investment management company’s stock after selling 2,500 shares during the quarter. Perigon Wealth Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $93,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cetera Investment Advisers purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 1st quarter worth $123,000. Cowa LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the first quarter worth about $25,000. GM Advisory Group Inc. boosted its holdings in BlackRock Enhanced Equity Dividend Trust by 29.4% in the 1st quarter. GM Advisory Group Inc. now owns 22,000 shares of the investment management company’s stock valued at $218,000 after purchasing an additional 5,000 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the 1st quarter valued at approximately $101,000. Finally, Guggenheim Capital LLC increased its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 3.4% during the 1st quarter. Guggenheim Capital LLC now owns 1,601,156 shares of the investment management company’s stock worth $15,852,000 after buying an additional 52,939 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.4 %

BDJ stock opened at $7.89 on Friday. BlackRock Enhanced Equity Dividend Trust has a one year low of $6.91 and a one year high of $8.57. The firm’s 50 day moving average price is $8.07 and its 200-day moving average price is $7.78.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a $0.056 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.67 dividend on an annualized basis and a yield of 8.52%.

BlackRock Enhanced Equity Dividend Trust Company Profile

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.