Janney Montgomery Scott LLC raised its position in shares of BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 48.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,083 shares of the investment management company’s stock after buying an additional 15,989 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $451,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cornerstone Wealth Management LLC raised its position in shares of BlackRock Enhanced Dividend Achievers Tr by 1,088.5% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 205,844 shares of the investment management company’s stock worth $22,521,000 after purchasing an additional 188,524 shares during the period. Stifel Financial Corp raised its position in shares of BlackRock Enhanced Dividend Achievers Tr by 11.5% during the 1st quarter. Stifel Financial Corp now owns 1,519,099 shares of the investment management company’s stock worth $13,255,000 after purchasing an additional 156,285 shares during the period. 1607 Capital Partners LLC raised its position in shares of BlackRock Enhanced Dividend Achievers Tr by 24.7% during the 1st quarter. 1607 Capital Partners LLC now owns 707,076 shares of the investment management company’s stock worth $6,173,000 after purchasing an additional 139,915 shares during the period. Millennium Management LLC raised its position in shares of BlackRock Enhanced Dividend Achievers Tr by 288.4% during the 4th quarter. Millennium Management LLC now owns 153,082 shares of the investment management company’s stock worth $1,413,000 after purchasing an additional 113,666 shares during the period. Finally, Royal Bank of Canada raised its position in shares of BlackRock Enhanced Dividend Achievers Tr by 6.8% during the 1st quarter. Royal Bank of Canada now owns 1,692,833 shares of the investment management company’s stock worth $14,778,000 after purchasing an additional 108,018 shares during the period.

Shares of BlackRock Enhanced Dividend Achievers Tr stock opened at $9.44 on Friday. BlackRock Enhanced Dividend Achievers Tr has a twelve month low of $8.03 and a twelve month high of $9.65.

The business also recently declared a monthly dividend, which will be paid on Friday, August 31st. Stockholders of record on Wednesday, August 15th will be given a dividend of $0.047 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date is Tuesday, August 14th.

In related news, Director Cynthia Egan purchased 10,870 shares of the company’s stock in a transaction dated Thursday, May 31st. The shares were acquired at an average cost of $9.16 per share, for a total transaction of $99,569.20. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

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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