WNY Asset Management LLC Makes New $8.14 Million Investment in BlackRock Enhanced International Dividend Trust $BGY

WNY Asset Management LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) during the first quarter, HoldingsChannel reports. The fund purchased 1,504,369 shares of the investment management company’s stock, valued at approximately $8,139,000. BlackRock Enhanced International Dividend Trust comprises 0.8% of WNY Asset Management LLC’s holdings, making the stock its 22nd largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of BGY. Waterfront Wealth Inc. boosted its stake in shares of BlackRock Enhanced International Dividend Trust by 9.9% in the fourth quarter. Waterfront Wealth Inc. now owns 2,251,176 shares of the investment management company’s stock worth $13,516,000 after acquiring an additional 201,961 shares during the period. Fifth Third Bancorp bought a new stake in BlackRock Enhanced International Dividend Trust during the 1st quarter valued at approximately $649,000. Readystate Asset Management LP raised its stake in BlackRock Enhanced International Dividend Trust by 441.6% during the 1st quarter. Readystate Asset Management LP now owns 156,097 shares of the investment management company’s stock valued at $844,000 after purchasing an additional 127,278 shares during the period. Flagship Harbor Advisors LLC lifted its holdings in BlackRock Enhanced International Dividend Trust by 3.7% in the 4th quarter. Flagship Harbor Advisors LLC now owns 839,270 shares of the investment management company’s stock worth $4,935,000 after purchasing an additional 29,557 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in BlackRock Enhanced International Dividend Trust in the 2nd quarter worth approximately $67,000.

BlackRock Enhanced International Dividend Trust Stock Up 0.6%

Shares of BGY opened at $5.79 on Friday. BlackRock Enhanced International Dividend Trust has a 1 year low of $5.19 and a 1 year high of $6.23. The company has a 50 day simple moving average of $5.72 and a two-hundred day simple moving average of $5.77.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.0426 per share. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Enhanced International Dividend Trust Company Profile

BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.

The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.