Ashton Thomas Securities LLC Has $629,000 Stock Position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Ashton Thomas Securities LLC increased its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 1.5% during the fourth quarter, HoldingsChannel reports. The fund owned 76,026 shares of the investment management company’s stock after acquiring an additional 1,150 shares during the quarter. Ashton Thomas Securities LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $629,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth approximately $28,740,000. LPL Financial LLC lifted its stake in BlackRock Enhanced Equity Dividend Trust by 2.1% during the 4th quarter. LPL Financial LLC now owns 1,455,651 shares of the investment management company’s stock valued at $12,053,000 after acquiring an additional 30,320 shares in the last quarter. Stifel Financial Corp lifted its stake in BlackRock Enhanced Equity Dividend Trust by 2.3% during the 3rd quarter. Stifel Financial Corp now owns 996,966 shares of the investment management company’s stock valued at $8,624,000 after acquiring an additional 22,548 shares in the last quarter. Waterfront Wealth Inc. boosted its holdings in BlackRock Enhanced Equity Dividend Trust by 3.9% during the 4th quarter. Waterfront Wealth Inc. now owns 621,219 shares of the investment management company’s stock worth $5,144,000 after acquiring an additional 23,355 shares during the last quarter. Finally, Boothe Investment Group Inc. grew its stake in shares of BlackRock Enhanced Equity Dividend Trust by 8.1% in the 4th quarter. Boothe Investment Group Inc. now owns 570,806 shares of the investment management company’s stock worth $4,726,000 after acquiring an additional 42,805 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ opened at $8.72 on Wednesday. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.80 and a fifty-two week 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 firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders 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 dividend yield of 8.52%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

BlackRock Enhanced Equity Dividend Trust Company Profile

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.