Saxon Interests Inc. Acquires New Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Saxon Interests Inc. acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 88,646 shares of the investment management company’s stock, valued at approximately $682,000.

Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in BlackRock Enhanced Equity Dividend Trust by 3.1% during the second quarter. Wells Fargo & Company MN now owns 2,413,563 shares of the investment management company’s stock valued at $20,129,000 after purchasing an additional 71,952 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 35.4% in the 3rd quarter. Invesco Ltd. now owns 2,385,847 shares of the investment management company’s stock worth $18,156,000 after acquiring an additional 623,219 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 3.6% in the 4th quarter. Raymond James & Associates now owns 2,182,631 shares of the investment management company’s stock worth $16,784,000 after acquiring an additional 76,438 shares during the last quarter. Guggenheim Capital LLC lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 3.4% in the 1st quarter. Guggenheim Capital LLC now owns 1,601,156 shares of the investment management company’s stock worth $15,852,000 after acquiring an additional 52,939 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 3.1% in the 3rd quarter. LPL Financial LLC now owns 1,300,156 shares of the investment management company’s stock worth $9,894,000 after acquiring an additional 39,227 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Trading Down 0.1 %

Shares of BDJ traded down $0.01 during mid-day trading on Friday, reaching $8.25. The company’s stock had a trading volume of 1,313,968 shares, compared to its average volume of 559,337. BlackRock Enhanced Equity Dividend Trust has a 52 week low of $6.91 and a 52 week high of $8.66. The company’s fifty day moving average price is $7.99 and its two-hundred day moving average price is $7.73.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a $0.056 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 8.15%.

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.