D.A. Davidson & CO. Reduces Stock Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

D.A. Davidson & CO. trimmed its position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 5.1% during the third quarter, Holdings Channel.com reports. The firm owned 125,337 shares of the financial services provider’s stock after selling 6,734 shares during the period. D.A. Davidson & CO.’s holdings in BlackRock Enhanced Global Dividend Trust were worth $1,411,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BOE. Meridian Wealth Management LLC acquired a new stake in BlackRock Enhanced Global Dividend Trust during the third quarter worth approximately $138,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of BlackRock Enhanced Global Dividend Trust during the 3rd quarter worth $143,000. Integrated Capital Management Inc. boosted its holdings in shares of BlackRock Enhanced Global Dividend Trust by 8.5% during the second quarter. Integrated Capital Management Inc. now owns 19,780 shares of the financial services provider’s stock worth $210,000 after purchasing an additional 1,546 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of BlackRock Enhanced Global Dividend Trust by 18.8% in the third quarter. Oppenheimer & Co. Inc. now owns 19,733 shares of the financial services provider’s stock valued at $222,000 after purchasing an additional 3,120 shares during the period. Finally, Whitener Capital Management Inc. increased its stake in BlackRock Enhanced Global Dividend Trust by 12.4% in the third quarter. Whitener Capital Management Inc. now owns 23,544 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 2,605 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of NYSE:BOE opened at $11.36 on Friday. The stock’s 50-day moving average price is $11.25 and its two-hundred day moving average price is $10.91. BlackRock Enhanced Global Dividend Trust has a 12-month low of $9.77 and a 12-month high of $11.47.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be given a $0.0827 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.99 annualized dividend and a dividend yield of 8.74%.

BlackRock Enhanced Global Dividend Trust Profile

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.