Shaker Financial Services LLC Grows Holdings in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Shaker Financial Services LLC raised its position in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 84.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,275 shares of the financial services provider’s stock after purchasing an additional 16,578 shares during the quarter. Shaker Financial Services LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $408,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Karpus Management Inc. raised its position in shares of BlackRock Enhanced Global Dividend Trust by 0.5% during the 1st quarter. Karpus Management Inc. now owns 2,522,362 shares of the financial services provider’s stock valued at $26,384,000 after purchasing an additional 12,010 shares during the period. Cornerstone Advisors LLC raised its holdings in BlackRock Enhanced Global Dividend Trust by 29.7% during the first quarter. Cornerstone Advisors LLC now owns 856,154 shares of the financial services provider’s stock valued at $8,955,000 after acquiring an additional 195,838 shares during the period. Raymond James & Associates lifted its position in shares of BlackRock Enhanced Global Dividend Trust by 0.4% in the third quarter. Raymond James & Associates now owns 501,473 shares of the financial services provider’s stock valued at $5,647,000 after acquiring an additional 1,844 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of BlackRock Enhanced Global Dividend Trust by 70.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 481,535 shares of the financial services provider’s stock worth $5,422,000 after acquiring an additional 199,400 shares during the period. Finally, RPO LLC grew its position in shares of BlackRock Enhanced Global Dividend Trust by 129.9% during the first quarter. RPO LLC now owns 268,716 shares of the financial services provider’s stock worth $2,811,000 after purchasing an additional 151,826 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of BOE opened at $11.18 on Friday. BlackRock Enhanced Global Dividend Trust has a 12-month low of $9.32 and a 12-month high of $11.47. The business’s 50 day moving average is $11.19 and its 200 day moving average is $10.79.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.063 dividend. This represents a $0.76 annualized dividend and a dividend yield of 6.77%. The ex-dividend date is Friday, November 15th.

BlackRock Enhanced Global Dividend Trust Company 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.