David J Yvars Group Has $760,000 Stock Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

David J Yvars Group lowered its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 19.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,696 shares of the investment management company’s stock after selling 21,586 shares during the quarter. David J Yvars Group’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $760,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BDJ. Allspring Global Investments Holdings LLC boosted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 138.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 711,096 shares of the investment management company’s stock worth $6,151,000 after purchasing an additional 412,499 shares during the period. Kovitz Investment Group Partners LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 3rd quarter valued at $2,770,000. International Assets Investment Management LLC raised its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 792.7% during the third quarter. International Assets Investment Management LLC now owns 341,764 shares of the investment management company’s stock worth $29,560,000 after acquiring an additional 303,480 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the third quarter valued at $1,124,000. Finally, Sanctuary Advisors LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust in the second quarter valued at about $1,012,000.

BlackRock Enhanced Equity Dividend Trust Trading Up 0.8 %

Shares of BlackRock Enhanced Equity Dividend Trust stock opened at $8.44 on Tuesday. The stock has a 50-day simple moving average of $8.64 and a 200-day simple moving average of $8.52. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $7.71 and a 52-week high of $9.07.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.0619 per share. This is a positive change from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05. The ex-dividend date is Wednesday, January 15th. This represents a $0.74 annualized dividend and a dividend yield of 8.81%.

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.