Waterfront Wealth Inc. Has $5.32 Million Holdings in BlackRock Enhanced International Dividend Trust (NYSE:BGY)

Waterfront Wealth Inc. grew its stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,008,634 shares of the investment management company’s stock after buying an additional 11,126 shares during the quarter. BlackRock Enhanced International Dividend Trust accounts for about 1.6% of Waterfront Wealth Inc.’s investment portfolio, making the stock its 12th biggest holding. Waterfront Wealth Inc.’s holdings in BlackRock Enhanced International Dividend Trust were worth $5,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NBC Securities Inc. acquired a new position in shares of BlackRock Enhanced International Dividend Trust in the third quarter valued at approximately $29,000. RiverFront Investment Group LLC acquired a new position in shares of BlackRock Enhanced International Dividend Trust in the third quarter valued at approximately $50,000. Goldman Sachs Group Inc. acquired a new position in BlackRock Enhanced International Dividend Trust during the first quarter worth $58,000. XTX Topco Ltd acquired a new position in BlackRock Enhanced International Dividend Trust during the first quarter worth $61,000. Finally, International Assets Investment Management LLC boosted its holdings in BlackRock Enhanced International Dividend Trust by 19.6% during the first quarter. International Assets Investment Management LLC now owns 12,200 shares of the investment management company’s stock worth $70,000 after purchasing an additional 2,000 shares during the last quarter.

BlackRock Enhanced International Dividend Trust Stock Performance

BGY remained flat at $5.15 during trading hours on Wednesday. 157,244 shares of the company traded hands, compared to its average volume of 210,174. BlackRock Enhanced International Dividend Trust has a fifty-two week low of $4.68 and a fifty-two week high of $5.66. The firm has a fifty day moving average price of $5.38 and a 200-day moving average price of $5.20.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be issued a dividend of $0.034 per share. This represents a $0.41 annualized dividend and a yield of 7.92%. The ex-dividend date is Friday, April 12th.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International 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 excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.