Conning Inc. Trims Holdings in BlackRock Enhanced Dividend Achievers Tr (BDJ)

Conning Inc. lessened its position in BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 5.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 404,758 shares of the investment management company’s stock after selling 23,552 shares during the period. Conning Inc.’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $3,671,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. grew its stake in BlackRock Enhanced Dividend Achievers Tr by 8.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 1,637,435 shares of the investment management company’s stock valued at $14,852,000 after acquiring an additional 125,670 shares during the period. Richard C. Young & CO. LTD. grew its stake in BlackRock Enhanced Dividend Achievers Tr by 1.9% in the second quarter. Richard C. Young & CO. LTD. now owns 1,447,341 shares of the investment management company’s stock valued at $12,737,000 after acquiring an additional 27,387 shares during the period. Royal Bank of Canada grew its stake in BlackRock Enhanced Dividend Achievers Tr by 12.0% in the second quarter. Royal Bank of Canada now owns 1,380,678 shares of the investment management company’s stock valued at $12,150,000 after acquiring an additional 148,276 shares during the period. Ameriprise Financial Inc. grew its stake in BlackRock Enhanced Dividend Achievers Tr by 17.8% in the second quarter. Ameriprise Financial Inc. now owns 447,727 shares of the investment management company’s stock valued at $3,951,000 after acquiring an additional 67,575 shares during the period. Finally, IFP Advisors Inc grew its stake in BlackRock Enhanced Dividend Achievers Tr by 16.6% in the second quarter. IFP Advisors Inc now owns 154,051 shares of the investment management company’s stock valued at $1,356,000 after acquiring an additional 21,966 shares during the period.

ILLEGAL ACTIVITY NOTICE: This article was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of international copyright laws. The original version of this article can be accessed at https://www.com-unik.info/2017/11/01/conning-inc-trims-holdings-in-blackrock-enhanced-dividend-achievers-tr-bdj.html.

Shares of BlackRock Enhanced Dividend Achievers Tr (NYSE BDJ) traded up 0.4745% during midday trading on Wednesday, reaching $9.2738. The company’s stock had a trading volume of 136,593 shares. The stock has a 50-day moving average price of $9.09 and a 200-day moving average price of $8.85. BlackRock Enhanced Dividend Achievers Tr has a 52-week low of $7.42 and a 52-week high of $9.31.

The business also recently declared a monthly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, October 16th were paid a $0.0467 dividend. The ex-dividend date of this dividend was Friday, October 13th. This represents a $0.56 annualized dividend and a dividend yield of 6.07%.

BlackRock Enhanced Dividend Achievers Tr Company Profile

BlackRock Enhanced Equity Dividend Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. It seeks to achieve its investment objectives by investing in common stocks that pay dividends and have the potential for capital appreciation and by utilizing an option writing (selling) strategy to seek total return performance and enhance distributions.

Want to see what other hedge funds are holding BDJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ).

Institutional Ownership by Quarter for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ)

What are top analysts saying about BlackRock Enhanced Dividend Achievers Tr? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for BlackRock Enhanced Dividend Achievers Tr and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit