BlackRock Enhanced Equity Dividend Trust $BDJ Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 102.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 116,181 shares of the investment management company’s stock after purchasing an additional 58,660 shares during the quarter. Kestra Advisory Services LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,001,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BDJ. Raymond James Financial Inc. increased its position in shares of BlackRock Enhanced Equity Dividend Trust by 1.6% in the third quarter. Raymond James Financial Inc. now owns 4,044,382 shares of the investment management company’s stock valued at $36,844,000 after buying an additional 63,639 shares in the last quarter. Invesco Ltd. boosted its position in shares of BlackRock Enhanced Equity Dividend Trust by 3.1% in the 3rd quarter. Invesco Ltd. now owns 2,384,703 shares of the investment management company’s stock worth $21,725,000 after buying an additional 71,953 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of BlackRock Enhanced Equity Dividend Trust by 11.4% in the 4th quarter. Guggenheim Capital LLC now owns 2,297,905 shares of the investment management company’s stock worth $21,784,000 after buying an additional 234,887 shares in the last quarter. LPL Financial LLC boosted its position in shares of BlackRock Enhanced Equity Dividend Trust by 3.0% in the 4th quarter. LPL Financial LLC now owns 1,866,062 shares of the investment management company’s stock worth $17,690,000 after buying an additional 54,826 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in BlackRock Enhanced Equity Dividend Trust by 1.8% in the 4th quarter. Stifel Financial Corp now owns 1,132,105 shares of the investment management company’s stock valued at $10,732,000 after acquiring an additional 20,177 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Performance

NYSE:BDJ opened at $9.57 on Friday. The firm has a 50-day moving average price of $9.37 and a two-hundred day moving average price of $9.30. BlackRock Enhanced Equity Dividend Trust has a twelve month low of $8.42 and a twelve month high of $9.76.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.0619 dividend. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

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.