Readystate Asset Management LP Purchases 127,278 Shares of BlackRock Enhanced International Dividend Trust $BGY

Readystate Asset Management LP lifted its position in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 441.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 156,097 shares of the investment management company’s stock after buying an additional 127,278 shares during the quarter. Readystate Asset Management LP’s holdings in BlackRock Enhanced International Dividend Trust were worth $844,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BGY. Benjamin Edwards Inc. grew its position in BlackRock Enhanced International Dividend Trust by 21.6% during the fourth quarter. Benjamin Edwards Inc. now owns 14,354 shares of the investment management company’s stock worth $84,000 after buying an additional 2,549 shares in the last quarter. Cetera Investment Advisers raised its stake in BlackRock Enhanced International Dividend Trust by 16.0% in the first quarter. Cetera Investment Advisers now owns 19,559 shares of the investment management company’s stock valued at $106,000 after purchasing an additional 2,696 shares in the last quarter. Endeavor Private Wealth Inc. lifted its position in BlackRock Enhanced International Dividend Trust by 9.1% during the fourth quarter. Endeavor Private Wealth Inc. now owns 38,449 shares of the investment management company’s stock worth $226,000 after purchasing an additional 3,199 shares during the period. UBS Group AG lifted its position in BlackRock Enhanced International Dividend Trust by 1.2% during the third quarter. UBS Group AG now owns 365,958 shares of the investment management company’s stock worth $2,104,000 after purchasing an additional 4,181 shares during the period. Finally, Harbour Investments Inc. grew its stake in BlackRock Enhanced International Dividend Trust by 95.1% during the fourth quarter. Harbour Investments Inc. now owns 8,965 shares of the investment management company’s stock worth $53,000 after buying an additional 4,370 shares in the last quarter.

BlackRock Enhanced International Dividend Trust Price Performance

BGY stock opened at $5.62 on Thursday. BlackRock Enhanced International Dividend Trust has a 12 month low of $5.19 and a 12 month high of $6.23. The company’s 50-day moving average price is $5.72 and its two-hundred day moving average price is $5.77.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.0426 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 9.1%.

BlackRock Enhanced International Dividend Trust 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.