BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC increased its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 735,748 shares of the investment management company’s stock after acquiring an additional 49,332 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $5,658,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. L.M. Kohn & Company acquired a new stake in BlackRock Enhanced Equity Dividend Trust in the 3rd quarter valued at about $76,000. Koshinski Asset Management Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth approximately $92,000. Allen Mooney & Barnes Investment Advisors LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 3rd quarter worth approximately $93,000. Sterling Financial Planning Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth approximately $106,000. Finally, Roble Belko & Company Inc grew its stake in BlackRock Enhanced Equity Dividend Trust by 28.0% during the 3rd quarter. Roble Belko & Company Inc now owns 14,421 shares of the investment management company’s stock worth $110,000 after buying an additional 3,157 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Trading Up 0.6 %

Shares of BDJ stock traded up $0.05 during midday trading on Tuesday, hitting $8.05. The company had a trading volume of 216,927 shares, compared to its average volume of 527,788. The company’s 50 day simple moving average is $8.06 and its 200 day simple moving average is $7.79. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $6.91 and a 52-week high of $8.57.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a $0.056 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.67 annualized dividend and a dividend yield of 8.35%.

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.