BlackRock Enhanced Global Dividend Trust $BOE Shares Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC increased its stake in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 101.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 154,237 shares of the financial services provider’s stock after acquiring an additional 77,734 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $1,785,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Pinnacle Bancorp Inc. acquired a new position in shares of BlackRock Enhanced Global Dividend Trust during the second quarter worth $72,000. Allworth Financial LP acquired a new position in BlackRock Enhanced Global Dividend Trust in the 2nd quarter worth $74,000. Kovack Advisors Inc. purchased a new position in BlackRock Enhanced Global Dividend Trust in the 2nd quarter valued at about $120,000. Spirepoint Private Client LLC boosted its position in BlackRock Enhanced Global Dividend Trust by 11.2% in the 3rd quarter. Spirepoint Private Client LLC now owns 11,156 shares of the financial services provider’s stock valued at $129,000 after buying an additional 1,126 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust during the second quarter valued at about $168,000.

BlackRock Enhanced Global Dividend Trust Trading Down 0.1%

NYSE:BOE opened at $11.95 on Friday. BlackRock Enhanced Global Dividend Trust has a one year low of $9.16 and a one year high of $12.06. The business’s 50-day simple moving average is $11.64 and its 200 day simple moving average is $11.56.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a dividend of $0.0827 per share. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Friday, March 13th.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.