64,180 Shares of BlackRock Enhanced Equity Dividend Trust $BDJ Purchased by Greg Jennings LLC

Greg Jennings LLC bought a new stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 64,180 shares of the investment management company’s stock, valued at approximately $603,000.

Other institutional investors also recently bought and sold shares of the company. Western Wealth Management LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the first quarter worth about $28,000. Global Assets Advisory LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust in the first quarter valued at approximately $34,000. Axiom Investment Management LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust in the first quarter valued at approximately $39,000. SHP Wealth Management purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at approximately $52,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the second quarter valued at approximately $61,000.

BlackRock Enhanced Equity Dividend Trust Trading Down 0.2%

Shares of BDJ stock traded down $0.01 during trading on Monday, reaching $9.47. The company’s stock had a trading volume of 403,505 shares, compared to its average volume of 468,116. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $8.42 and a 1-year high of $9.95. The stock’s 50-day moving average price is $9.68 and its 200 day moving average price is $9.44.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be issued a dividend of $0.0619 per share. The ex-dividend date is Friday, December 11th. This represents a $0.74 dividend on an annualized basis and a yield of 7.8%.

BlackRock Enhanced Equity Dividend Trust Company Profile

BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a closed-end investment fund managed by BlackRock Advisors, an affiliate of BlackRock, Inc The fund seeks to provide current income and current gains, with long-term capital appreciation as a secondary objective.

BDJ invests primarily in dividend-paying equity securities issued by companies in the United States and other countries. Its portfolio may include companies across a range of industries and geographic markets, with an emphasis on businesses that offer the potential for dividend income and capital appreciation.

To support its income-oriented strategy, the fund may write covered call options on a portion of its equity portfolio.