Heritage Wealth Management Inc. Makes New $156,000 Investment in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Heritage Wealth Management Inc. bought a new stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,000 shares of the investment management company’s stock, valued at approximately $156,000.

A number of other large investors have also recently made changes to their positions in the company. CWM LLC increased its position in BlackRock Enhanced Equity Dividend Trust by 32.9% during the second quarter. CWM LLC now owns 8,333 shares of the investment management company’s stock worth $68,000 after buying an additional 2,065 shares during the period. First Heartland Consultants Inc. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 2nd quarter valued at $86,000. Spirepoint Private Client LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 1st quarter valued at $87,000. Kapstone Financial Advisors LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust in the 2nd quarter valued at $89,000. Finally, Prairie Wealth Advisors Inc. boosted its stake in BlackRock Enhanced Equity Dividend Trust by 14.7% during the 2nd quarter. Prairie Wealth Advisors Inc. now owns 16,800 shares of the investment management company’s stock worth $137,000 after purchasing an additional 2,150 shares during the period.

BlackRock Enhanced Equity Dividend Trust Stock Performance

NYSE BDJ opened at $8.86 on Friday. The firm’s fifty day moving average is $8.62 and its two-hundred day moving average is $8.37. BlackRock Enhanced Equity Dividend Trust has a one year low of $7.20 and a one year high of $8.88.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a $0.0562 dividend. This represents a $0.67 annualized dividend and a yield of 7.61%. The ex-dividend date is Friday, November 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.