Western Financial Corp CA Makes New $125,000 Investment in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Western Financial Corp CA bought a new position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,111 shares of the investment management company’s stock, valued at approximately $125,000.

Other institutional investors have also made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the 3rd quarter valued at approximately $43,000. JPMorgan Chase & Co. lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 1,203.3% in the third quarter. JPMorgan Chase & Co. now owns 5,539 shares of the investment management company’s stock valued at $48,000 after purchasing an additional 5,114 shares in the last quarter. Arete Wealth Advisors LLC acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the third quarter worth $98,000. Icon Wealth Advisors LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust during the third quarter valued at $118,000. Finally, Heritage Wealth Management Inc. acquired a new position in BlackRock Enhanced Equity Dividend Trust during the third quarter valued at $156,000.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.5 %

NYSE:BDJ opened at $8.81 on Friday. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.80 and a fifty-two week high of $9.07. The stock’s 50-day moving average is $8.60 and its two-hundred day moving average is $8.57.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were paid a $0.0619 dividend. This represents a $0.74 annualized dividend and a yield of 8.43%. The ex-dividend date of this dividend was Wednesday, January 15th. This is a positive change from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

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.