Evolve Private Wealth LLC Takes $1.18 Million Position in BlackRock Enhanced Global Dividend Trust $BOE

Evolve Private Wealth LLC acquired a new position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 97,592 shares of the financial services provider’s stock, valued at approximately $1,180,000.

Several other institutional investors have also added to or reduced their stakes in BOE. Allied Private Wealth LLC purchased a new position in BlackRock Enhanced Global Dividend Trust during the 2nd quarter valued at $41,000. Harbour Investments Inc. lifted its position in shares of BlackRock Enhanced Global Dividend Trust by 12,792.3% during the fourth quarter. Harbour Investments Inc. now owns 5,028 shares of the financial services provider’s stock worth $59,000 after purchasing an additional 4,989 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the third quarter valued at $116,000. Commerce Bank boosted its stake in shares of BlackRock Enhanced Global Dividend Trust by 10.6% during the fourth quarter. Commerce Bank now owns 11,329 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 1,086 shares during the period. Finally, Moors & Cabot Inc. bought a new position in shares of BlackRock Enhanced Global Dividend Trust in the third quarter worth about $136,000.

BlackRock Enhanced Global Dividend Trust Stock Down 0.1%

BOE stock opened at $12.39 on Monday. BlackRock Enhanced Global Dividend Trust has a 12 month low of $10.59 and a 12 month high of $12.58. The firm’s 50-day moving average is $12.11 and its 200 day moving average is $11.81.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0827 per share. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Tuesday, September 15th.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.