Quantedge Capital Pte Ltd Reduces Holdings in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Quantedge Capital Pte Ltd lowered its stake in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 59.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,067 shares of the financial services provider’s stock after selling 57,357 shares during the quarter. Quantedge Capital Pte Ltd’s holdings in BlackRock Enhanced Global Dividend Trust were worth $421,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of BOE. Park Avenue Securities LLC increased its holdings in shares of BlackRock Enhanced Global Dividend Trust by 2.1% during the fourth quarter. Park Avenue Securities LLC now owns 133,285 shares of the financial services provider’s stock valued at $1,435,000 after acquiring an additional 2,692 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of BlackRock Enhanced Global Dividend Trust by 185.6% during the fourth quarter. Arkadios Wealth Advisors now owns 71,085 shares of the financial services provider’s stock valued at $766,000 after acquiring an additional 46,196 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of BlackRock Enhanced Global Dividend Trust by 22.5% during the fourth quarter. Private Advisor Group LLC now owns 95,651 shares of the financial services provider’s stock valued at $1,030,000 after acquiring an additional 17,585 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of BlackRock Enhanced Global Dividend Trust during the fourth quarter valued at about $239,000. Finally, WealthShield Partners LLC boosted its position in BlackRock Enhanced Global Dividend Trust by 56.8% in the fourth quarter. WealthShield Partners LLC now owns 16,315 shares of the financial services provider’s stock valued at $176,000 after buying an additional 5,907 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust Trading Up 0.8%

Shares of NYSE BOE opened at $11.14 on Thursday. The business’s 50 day moving average price is $10.66 and its 200 day moving average price is $11.00. BlackRock Enhanced Global Dividend Trust has a 52 week low of $9.16 and a 52 week high of $11.47.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.0827 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.99 dividend on an annualized basis and a yield of 8.91%.

BlackRock Enhanced Global Dividend Trust Profile

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.