BlackRock Enhanced International Dividend Trust $BGY Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC lowered its position in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 79.2% in the 3rd quarter, Holdings Channel reports. The fund owned 26,141 shares of the investment management company’s stock after selling 99,512 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $150,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in BlackRock Enhanced International Dividend Trust in the 2nd quarter worth about $4,158,000. Allspring Global Investments Holdings LLC grew its holdings in BlackRock Enhanced International Dividend Trust by 4.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,046,202 shares of the investment management company’s stock worth $40,516,000 after buying an additional 314,349 shares in the last quarter. Shaker Financial Services LLC increased its position in BlackRock Enhanced International Dividend Trust by 84.2% in the 2nd quarter. Shaker Financial Services LLC now owns 388,987 shares of the investment management company’s stock valued at $2,252,000 after acquiring an additional 177,846 shares during the period. Uncommon Cents Investing LLC raised its stake in BlackRock Enhanced International Dividend Trust by 42.3% during the 2nd quarter. Uncommon Cents Investing LLC now owns 438,102 shares of the investment management company’s stock valued at $2,537,000 after acquiring an additional 130,137 shares in the last quarter. Finally, Waterfront Wealth Inc. boosted its position in BlackRock Enhanced International Dividend Trust by 7.2% during the 2nd quarter. Waterfront Wealth Inc. now owns 1,662,228 shares of the investment management company’s stock worth $9,624,000 after acquiring an additional 112,160 shares during the period.

BlackRock Enhanced International Dividend Trust Price Performance

Shares of BGY opened at $5.98 on Monday. BlackRock Enhanced International Dividend Trust has a one year low of $4.67 and a one year high of $6.00. The stock’s fifty day moving average is $5.79 and its 200-day moving average is $5.77.

BlackRock Enhanced International Dividend Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.0426 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Friday, March 13th.

BlackRock Enhanced International Dividend Trust Profile

BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.

The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.