Abel Hall LLC Takes $301,000 Position in BlackRock Enhanced International Dividend Trust $BGY

Abel Hall LLC acquired a new stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 52,000 shares of the investment management company’s stock, valued at approximately $301,000.

A number of other hedge funds also recently made changes to their positions in BGY. Uncommon Cents Investing LLC lifted its holdings in BlackRock Enhanced International Dividend Trust by 42.3% during the 2nd quarter. Uncommon Cents Investing LLC now owns 438,102 shares of the investment management company’s stock worth $2,537,000 after purchasing an additional 130,137 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in BlackRock Enhanced International Dividend Trust by 27.5% during the 2nd quarter. Perigon Wealth Management LLC now owns 19,625 shares of the investment management company’s stock worth $114,000 after purchasing an additional 4,229 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in BlackRock Enhanced International Dividend Trust during the 2nd quarter worth approximately $174,000. Pinnacle Bancorp Inc. acquired a new stake in BlackRock Enhanced International Dividend Trust during the 2nd quarter worth approximately $36,000. Finally, Smith Asset Management Co. LLC acquired a new stake in BlackRock Enhanced International Dividend Trust during the 1st quarter worth approximately $3,204,000.

BlackRock Enhanced International Dividend Trust Price Performance

NYSE:BGY opened at $5.92 on Thursday. The stock has a 50 day simple moving average of $5.76 and a 200 day simple moving average of $5.68. BlackRock Enhanced International Dividend Trust has a 1-year low of $4.67 and a 1-year high of $5.95.

BlackRock Enhanced International Dividend Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be issued a dividend of $0.0426 per share. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend is Wednesday, October 15th.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.