Claro Advisors LLC Decreases Stock Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Claro Advisors LLC reduced its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 2.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 139,611 shares of the investment management company’s stock after selling 3,983 shares during the quarter. Claro Advisors LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,152,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BDJ. Creekmur Asset Management LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth approximately $34,000. NCM Capital Management LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth approximately $78,000. Focus Financial Network Inc. ADV purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth approximately $87,000. Park Avenue Securities LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the first quarter worth approximately $89,000. Finally, Koshinski Asset Management Inc. purchased a new stake in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth approximately $92,000.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ traded down $0.01 during trading on Monday, hitting $8.16. 318,041 shares of the company’s stock were exchanged, compared to its average volume of 481,180. The stock has a 50 day moving average price of $8.16 and a 200 day moving average price of $8.03. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $6.91 and a 1 year high of $8.43.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $0.056 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $0.67 annualized dividend and a dividend yield of 8.24%.

About BlackRock Enhanced Equity Dividend Trust

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.