Cornerstone Advisors LLC Has $9.05 Million Stock Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Cornerstone Advisors LLC lessened its position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 853,381 shares of the financial services provider’s stock after selling 2,773 shares during the quarter. Cornerstone Advisors LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $9,054,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of BlackRock Enhanced Global Dividend Trust by 8.7% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 12,306 shares of the financial services provider’s stock valued at $129,000 after purchasing an additional 982 shares in the last quarter. Integrated Capital Management Inc. boosted its position in BlackRock Enhanced Global Dividend Trust by 8.1% during the 1st quarter. Integrated Capital Management Inc. now owns 18,234 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 1,362 shares during the period. Pacific Wealth Strategies Group Inc. grew its stake in BlackRock Enhanced Global Dividend Trust by 40.2% during the 1st quarter. Pacific Wealth Strategies Group Inc. now owns 17,000 shares of the financial services provider’s stock valued at $178,000 after acquiring an additional 4,875 shares in the last quarter. Park Avenue Securities LLC grew its stake in BlackRock Enhanced Global Dividend Trust by 8.8% during the 1st quarter. Park Avenue Securities LLC now owns 135,152 shares of the financial services provider’s stock valued at $1,414,000 after acquiring an additional 10,924 shares in the last quarter. Finally, Dakota Wealth Management increased its holdings in shares of BlackRock Enhanced Global Dividend Trust by 2.4% in the 2nd quarter. Dakota Wealth Management now owns 73,445 shares of the financial services provider’s stock valued at $779,000 after purchasing an additional 1,740 shares during the period.

BlackRock Enhanced Global Dividend Trust Stock Up 0.3 %

Shares of BOE opened at $11.07 on Monday. The company’s 50 day moving average price is $10.83 and its 200 day moving average price is $10.53. BlackRock Enhanced Global Dividend Trust has a 52 week low of $8.80 and a 52 week high of $11.17.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.063 per share. This represents a $0.76 annualized dividend and a dividend yield of 6.83%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.