EP Wealth Advisors LLC Decreases Stock Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

EP Wealth Advisors LLC lessened its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,820 shares of the investment management company’s stock after selling 2,354 shares during the quarter. EP Wealth Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $189,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter valued at approximately $28,740,000. Wells Fargo & Company MN raised its position in shares of BlackRock Enhanced Equity Dividend Trust by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 3,105,800 shares of the investment management company’s stock valued at $25,716,000 after purchasing an additional 39,417 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of BlackRock Enhanced Equity Dividend Trust by 8.9% in the 4th quarter. Guggenheim Capital LLC now owns 2,057,071 shares of the investment management company’s stock valued at $17,033,000 after purchasing an additional 167,398 shares in the last quarter. LPL Financial LLC raised its position in shares of BlackRock Enhanced Equity Dividend Trust by 2.1% in the 4th quarter. LPL Financial LLC now owns 1,455,651 shares of the investment management company’s stock valued at $12,053,000 after purchasing an additional 30,320 shares in the last quarter. Finally, Stifel Financial Corp raised its position in shares of BlackRock Enhanced Equity Dividend Trust by 9.9% in the 4th quarter. Stifel Financial Corp now owns 1,096,063 shares of the investment management company’s stock valued at $9,075,000 after purchasing an additional 99,097 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.6%

Shares of BDJ opened at $8.63 on Thursday. The business’s 50 day moving average is $8.33 and its two-hundred day moving average is $8.58. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $7.16 and a 52-week high of $9.07.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a $0.0619 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date of this dividend is Thursday, May 15th.

BlackRock Enhanced Equity Dividend Trust Company Profile

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.