OMC Financial Services LTD Takes Position in BlackRock Enhanced Equity Dividend Trust $BDJ

OMC Financial Services LTD acquired a new position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 66,580 shares of the investment management company’s stock, valued at approximately $637,000.

Other institutional investors have also modified their holdings of the company. Kestra Advisory Services LLC raised its position in BlackRock Enhanced Equity Dividend Trust by 102.0% in the first quarter. Kestra Advisory Services LLC now owns 116,181 shares of the investment management company’s stock worth $1,001,000 after acquiring an additional 58,660 shares in the last quarter. Waterfront Wealth Inc. lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 7.6% in the 1st quarter. Waterfront Wealth Inc. now owns 837,658 shares of the investment management company’s stock valued at $7,221,000 after acquiring an additional 59,268 shares during the last quarter. UBS Group AG boosted its position in shares of BlackRock Enhanced Equity Dividend Trust by 9.9% during the 4th quarter. UBS Group AG now owns 700,242 shares of the investment management company’s stock valued at $6,638,000 after purchasing an additional 62,974 shares in the last quarter. SOL Capital Management CO acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 1st quarter worth approximately $3,168,000. Finally, Concorde Asset Management LLC grew its stake in shares of BlackRock Enhanced Equity Dividend Trust by 14.2% in the 4th quarter. Concorde Asset Management LLC now owns 66,105 shares of the investment management company’s stock worth $627,000 after purchasing an additional 8,200 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Trading Up 0.1%

NYSE BDJ opened at $9.87 on Monday. The company’s 50 day simple moving average is $9.58 and its 200 day simple moving average is $9.33. BlackRock Enhanced Equity Dividend Trust has a 12 month low of $8.42 and a 12 month high of $9.95.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.0619 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 7.5%.

BlackRock Enhanced Equity Dividend Trust Profile

BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in dividend-paying equity securities. The trust pursues an enhanced dividend strategy, focusing on U.S. large-capitalization common stocks with a history of dividend payments. To augment income generation, BDJ may also employ an option overlay strategy, writing covered call options on select securities or indices.

Since commencing operations in 2006, BDJ has been advised by BlackRock Fund Advisors, one of the world’s largest asset managers.