Blue Bell Private Wealth Management LLC trimmed its holdings in BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 10.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,171 shares of the investment management company’s stock after selling 4,642 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $343,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates lifted its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 3.8% during the fourth quarter. Raymond James & Associates now owns 2,580,199 shares of the investment management company’s stock worth $20,048,000 after purchasing an additional 94,501 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 14.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,496,571 shares of the investment management company’s stock worth $19,398,000 after purchasing an additional 322,187 shares during the period. 1607 Capital Partners LLC lifted its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 36.7% during the fourth quarter. 1607 Capital Partners LLC now owns 1,259,015 shares of the investment management company’s stock worth $9,783,000 after purchasing an additional 338,030 shares during the period. Shaker Financial Services LLC lifted its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 1,898.6% during the fourth quarter. Shaker Financial Services LLC now owns 565,886 shares of the investment management company’s stock worth $4,397,000 after purchasing an additional 537,572 shares during the period. Finally, Karpus Management Inc. acquired a new stake in shares of BlackRock Enhanced Dividend Achievers Tr during the fourth quarter worth $2,441,000.

Shares of NYSE BDJ traded up $0.03 during mid-day trading on Tuesday, hitting $8.72. 388,633 shares of the company were exchanged, compared to its average volume of 449,242. BlackRock Enhanced Dividend Achievers Tr has a 1-year low of $7.23 and a 1-year high of $9.58.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a $0.0467 dividend. This represents a $0.56 annualized dividend and a yield of 6.43%. The ex-dividend date is Friday, April 12th.

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BlackRock Enhanced Dividend Achievers Tr Profile

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.

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

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