Advisor Group Inc. raised its holdings in shares of BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 9.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,851 shares of the investment management company’s stock after purchasing an additional 7,969 shares during the quarter. Advisor Group Inc.’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $844,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BDJ. Accurate Investment Solutions Inc. raised its holdings in BlackRock Enhanced Dividend Achievers Tr by 1.6% during the second quarter. Accurate Investment Solutions Inc. now owns 27,831 shares of the investment management company’s stock worth $245,000 after buying an additional 446 shares during the last quarter. Park Avenue Securities LLC bought a new position in shares of BlackRock Enhanced Dividend Achievers Tr in the second quarter valued at $138,000. Janney Montgomery Scott LLC lifted its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 8.6% in the second quarter. Janney Montgomery Scott LLC now owns 33,469 shares of the investment management company’s stock valued at $295,000 after buying an additional 2,646 shares in the last quarter. Ronald Blue & Co. LLC lifted its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 1.6% in the second quarter. Ronald Blue & Co. LLC now owns 17,109 shares of the investment management company’s stock valued at $151,000 after buying an additional 272 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 21.1% in the second quarter. Stratos Wealth Partners LTD. now owns 15,149 shares of the investment management company’s stock valued at $133,000 after buying an additional 2,637 shares in the last quarter.

BlackRock Enhanced Dividend Achievers Tr (NYSE BDJ) opened at 9.07 on Monday. The stock’s 50 day moving average is $8.85 and its 200-day moving average is $8.71. BlackRock Enhanced Dividend Achievers Tr has a one year low of $7.42 and a one year high of $9.08.

The company also recently declared a monthly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a dividend of $0.0467 per share. This represents a $0.56 annualized dividend and a dividend yield of 6.18%. The ex-dividend date was Thursday, September 14th.

TRADEMARK VIOLATION WARNING: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/10/02/advisor-group-inc-acquires-7969-shares-of-blackrock-enhanced-dividend-achievers-tr-bdj.html.

BlackRock Enhanced Dividend Achievers Tr 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.

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

Receive News & Stock Ratings for BlackRock Enhanced Dividend Achievers Tr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Enhanced Dividend Achievers Tr and related stocks with our FREE daily email newsletter.