BlackRock Enhanced Equity Dividend Trust $BDJ Shares Purchased by UBS Group AG

UBS Group AG increased its stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 700,242 shares of the investment management company’s stock after purchasing an additional 62,974 shares during the period. UBS Group AG’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $6,638,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. United Financial Planning Group LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 3rd quarter worth about $26,000. Harbor Investment Advisory LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at about $28,000. Atlantic Union Bankshares Corp purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the 3rd quarter valued at about $32,000. Optima Capital LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at about $35,000. Finally, Global Wealth Strategies & Associates purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at about $37,000.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.2%

Shares of NYSE BDJ opened at $8.99 on Wednesday. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $8.38 and a 12-month high of $9.76. The company has a 50-day moving average of $8.97 and a 200 day moving average of $9.21.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.0619 per share. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Enhanced Equity Dividend Trust Profile

BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in dividend-paying equity securities. The trust pursues an enhanced dividend strategy, focusing on U.S. large-capitalization common stocks with a history of dividend payments. To augment income generation, BDJ may also employ an option overlay strategy, writing covered call options on select securities or indices.

Since commencing operations in 2006, BDJ has been advised by BlackRock Fund Advisors, one of the world’s largest asset managers.