Aurora Private Wealth Inc. Sells 1,822 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Aurora Private Wealth Inc. decreased its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 8.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 19,130 shares of the investment management company’s stock after selling 1,822 shares during the period. Aurora Private Wealth Inc.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $158,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Creative Planning increased its position in shares of BlackRock Enhanced Equity Dividend Trust by 28.5% in the 2nd quarter. Creative Planning now owns 131,265 shares of the investment management company’s stock valued at $1,072,000 after buying an additional 29,145 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of BlackRock Enhanced Equity Dividend Trust by 20.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,471 shares of the investment management company’s stock valued at $331,000 after buying an additional 6,746 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust in the 2nd quarter worth $1,012,000. Raymond James & Associates boosted its stake in BlackRock Enhanced Equity Dividend Trust by 2.1% in the 3rd quarter. Raymond James & Associates now owns 2,082,445 shares of the investment management company’s stock worth $18,013,000 after purchasing an additional 43,766 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 138.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 711,096 shares of the investment management company’s stock worth $6,151,000 after purchasing an additional 412,499 shares during the period.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.2 %

Shares of NYSE BDJ opened at $8.78 on Monday. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $7.78 and a 1-year high of $9.07. The company has a fifty day moving average price of $8.61 and a 200 day moving average price of $8.55.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.0619 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 8.46%. This is an increase from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05. The ex-dividend date is Wednesday, January 15th.

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.