Readystate Asset Management LP Invests $609,000 in BlackRock Enhanced Global Dividend Trust $BOE

Readystate Asset Management LP purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 52,644 shares of the financial services provider’s stock, valued at approximately $609,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Guggenheim Capital LLC boosted its stake in BlackRock Enhanced Global Dividend Trust by 22.4% during the 2nd quarter. Guggenheim Capital LLC now owns 1,027,433 shares of the financial services provider’s stock valued at $11,661,000 after purchasing an additional 187,790 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of BlackRock Enhanced Global Dividend Trust by 23.3% in the third quarter. Advisors Asset Management Inc. now owns 858,422 shares of the financial services provider’s stock worth $9,932,000 after purchasing an additional 162,045 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of BlackRock Enhanced Global Dividend Trust by 2.5% during the second quarter. Raymond James Financial Inc. now owns 581,545 shares of the financial services provider’s stock valued at $6,601,000 after purchasing an additional 13,990 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of BlackRock Enhanced Global Dividend Trust by 7.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 262,605 shares of the financial services provider’s stock valued at $3,038,000 after buying an additional 17,539 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in BlackRock Enhanced Global Dividend Trust by 1.3% in the 2nd quarter. Bank of America Corp DE now owns 225,336 shares of the financial services provider’s stock worth $2,558,000 after buying an additional 2,947 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of NYSE:BOE opened at $11.98 on Thursday. The business has a 50-day simple moving average of $11.85 and a two-hundred day simple moving average of $11.64. BlackRock Enhanced Global Dividend Trust has a fifty-two week low of $9.16 and a fifty-two week high of $12.18.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

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

About BlackRock Enhanced Global Dividend Trust

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.