Centurion Wealth Management LLC Reduces Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Centurion Wealth Management LLC trimmed its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 16.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 111,105 shares of the investment management company’s stock after selling 22,249 shares during the quarter. Centurion Wealth Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $920,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its position in shares of BlackRock Enhanced Equity Dividend Trust by 57.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 264,337 shares of the investment management company’s stock worth $2,189,000 after purchasing an additional 96,332 shares in the last quarter. 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 buying an additional 7,638 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in BlackRock Enhanced Equity Dividend Trust by 1,203.3% during the third quarter. JPMorgan Chase & Co. now owns 5,539 shares of the investment management company’s stock worth $48,000 after buying an additional 5,114 shares during the last quarter. Park Avenue Securities LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 79.9% during the fourth quarter. Park Avenue Securities LLC now owns 26,070 shares of the investment management company’s stock worth $216,000 after buying an additional 11,575 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in BlackRock Enhanced Equity Dividend Trust by 7.3% during the third quarter. Sunbelt Securities Inc. now owns 21,134 shares of the investment management company’s stock worth $183,000 after buying an additional 1,440 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

NYSE BDJ opened at $8.59 on Friday. The stock’s fifty day moving average is $8.73 and its two-hundred day moving average is $8.67. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.80 and a fifty-two week high of $9.07.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The business 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 dividend of $0.0619 per share. The ex-dividend date is Friday, March 14th. This represents a $0.74 dividend on an annualized basis and a yield of 8.65%. This is a positive change 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.