OMC Financial Services LTD Acquires Shares of 66,580 BlackRock Enhanced Equity Dividend Trust $BDJ

OMC Financial Services LTD bought a new position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 66,580 shares of the investment management company’s stock, valued at approximately $637,000.

A number of other large investors have also made changes to their positions in BDJ. United Financial Planning Group LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the 3rd quarter valued at approximately $26,000. Western Wealth Management LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust in the 1st quarter worth approximately $28,000. Global Assets Advisory LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 1st quarter worth approximately $34,000. Axiom Investment Management LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the 1st quarter worth approximately $39,000. Finally, Larson Financial Group LLC acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the 3rd quarter valued at $48,000.

BlackRock Enhanced Equity Dividend Trust Stock Performance

BDJ opened at $9.87 on Monday. The stock has a fifty day moving average of $9.58 and a 200-day moving average of $9.33. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $8.42 and a 12-month high of $9.95.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.0619 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%.

BlackRock Enhanced Equity Dividend Trust Company 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.