Capital Investment Advisory Services LLC Sells 11,916 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Capital Investment Advisory Services LLC reduced its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 45.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 14,255 shares of the investment management company’s stock after selling 11,916 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $110,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BDJ. L.M. Kohn & Company bought a new stake in BlackRock Enhanced Equity Dividend Trust during the third quarter worth $76,000. Koshinski Asset Management Inc. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at $92,000. Allen Mooney & Barnes Investment Advisors LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the third quarter valued at $93,000. Sterling Financial Planning Inc. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at $106,000. Finally, Roble Belko & Company Inc increased its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 28.0% in the third quarter. Roble Belko & Company Inc now owns 14,421 shares of the investment management company’s stock valued at $110,000 after purchasing an additional 3,157 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Trading Down 0.3 %

NYSE:BDJ opened at $8.04 on Thursday. BlackRock Enhanced Equity Dividend Trust has a one year low of $6.91 and a one year high of $8.57. The firm’s fifty day moving average price is $8.07 and its two-hundred day moving average price is $7.80.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be paid a $0.056 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.67 annualized dividend and a dividend yield of 8.36%.

BlackRock Enhanced Equity Dividend Trust 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.