Cornerstone Advisors LLC Has $9.05 Million Stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Cornerstone Advisors LLC lowered its position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 0.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 853,381 shares of the financial services provider’s stock after selling 2,773 shares during the period. Cornerstone Advisors LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $9,054,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BOE. Spirepoint Private Client LLC bought a new position in BlackRock Enhanced Global Dividend Trust during the first quarter valued at about $108,000. Pinnacle Wealth Planning Services Inc. increased its holdings in shares of BlackRock Enhanced Global Dividend Trust by 8.7% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 12,306 shares of the financial services provider’s stock valued at $129,000 after acquiring an additional 982 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of BlackRock Enhanced Global Dividend Trust in the 4th quarter valued at approximately $124,000. Blue Bell Private Wealth Management LLC lifted its holdings in BlackRock Enhanced Global Dividend Trust by 135.7% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 15,793 shares of the financial services provider’s stock worth $165,000 after purchasing an additional 9,093 shares during the last quarter. Finally, Pacific Wealth Strategies Group Inc. boosted its position in BlackRock Enhanced Global Dividend Trust by 40.2% during the first quarter. Pacific Wealth Strategies Group Inc. now owns 17,000 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 4,875 shares during the period.

BlackRock Enhanced Global Dividend Trust Trading Up 0.3 %

Shares of BOE stock opened at $11.07 on Monday. BlackRock Enhanced Global Dividend Trust has a 12 month low of $8.80 and a 12 month high of $11.17. The business’s 50 day moving average is $10.83 and its two-hundred day moving average is $10.53.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be given a $0.063 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.76 annualized dividend and a dividend yield of 6.83%.

BlackRock Enhanced Global Dividend Trust Profile

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.