Ashton Thomas Securities LLC Acquires 1,150 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Ashton Thomas Securities LLC lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,026 shares of the investment management company’s stock after purchasing an additional 1,150 shares during the period. Ashton Thomas Securities LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $629,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in BDJ. Brown Brothers Harriman & Co. bought a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 3rd quarter worth approximately $43,000. Icon Wealth Advisors LLC bought a new position in BlackRock Enhanced Equity Dividend Trust during the third quarter worth $118,000. HighTower Advisors LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 25.7% during the third quarter. HighTower Advisors LLC now owns 37,402 shares of the investment management company’s stock worth $323,000 after acquiring an additional 7,638 shares in the last quarter. IHT Wealth Management LLC grew its holdings in BlackRock Enhanced Equity Dividend Trust by 55.8% in the third quarter. IHT Wealth Management LLC now owns 192,909 shares of the investment management company’s stock worth $1,669,000 after purchasing an additional 69,100 shares during the period. Finally, Polar Asset Management Partners Inc. bought a new stake in BlackRock Enhanced Equity Dividend Trust in the third quarter valued at $1,124,000.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ stock opened at $8.72 on Wednesday. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $7.80 and a 1 year high of $9.07. The company’s 50-day moving average is $8.76 and its 200-day moving average is $8.68.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.0619 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 8.52%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

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.