Stratos Wealth Partners LTD. boosted its stake in BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 21.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,149 shares of the investment management company’s stock after buying an additional 2,637 shares during the period. Stratos Wealth Partners LTD.’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $133,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its position in BlackRock Enhanced Dividend Achievers Tr by 8.6% in the second quarter. Janney Montgomery Scott LLC now owns 33,469 shares of the investment management company’s stock valued at $295,000 after buying an additional 2,646 shares during the period. Accurate Investment Solutions Inc. raised its position in BlackRock Enhanced Dividend Achievers Tr by 1.6% in the second quarter. Accurate Investment Solutions Inc. now owns 27,831 shares of the investment management company’s stock valued at $245,000 after buying an additional 446 shares during the period. Ronald Blue & Co. LLC raised its position in BlackRock Enhanced Dividend Achievers Tr by 1.6% in the second quarter. Ronald Blue & Co. LLC now owns 17,109 shares of the investment management company’s stock valued at $151,000 after buying an additional 272 shares during the period. Finally, Park Avenue Securities LLC purchased a new position in BlackRock Enhanced Dividend Achievers Tr during the second quarter valued at approximately $138,000.

BlackRock Enhanced Dividend Achievers Tr (NYSE BDJ) opened at 8.71 on Friday. The firm’s 50-day moving average price is $8.89 and its 200 day moving average price is $8.61. BlackRock Enhanced Dividend Achievers Tr has a 52-week low of $7.42 and a 52-week high of $9.04.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.0467 per share. This represents a $0.56 annualized dividend and a yield of 6.43%. The ex-dividend date is Friday, August 11th.

TRADEMARK VIOLATION NOTICE: This article was posted by Watch List News and is the property of of Watch List News. If you are accessing this article on another domain, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this article can be viewed at https://www.watchlistnews.com/blackrock-enhanced-dividend-achievers-tr-bdj-shares-bought-by-stratos-wealth-partners-ltd/1480822.html.

About BlackRock Enhanced Dividend Achievers Tr

BlackRock Enhanced Equity Dividend Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. It seeks to achieve its investment objectives by investing in common stocks that pay dividends and have the potential for capital appreciation and by utilizing an option writing (selling) strategy to seek total return performance and enhance distributions.

Want to see what other hedge funds are holding BDJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ).

Institutional Ownership by Quarter for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ)

Receive News & Ratings for BlackRock Enhanced Dividend Achievers Tr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Enhanced Dividend Achievers Tr and related companies with Analyst Ratings Network's FREE daily email newsletter.