Raymond James & Associates trimmed its position in shares of BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 7.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,376,153 shares of the investment management company’s stock after selling 204,046 shares during the period. Raymond James & Associates’ holdings in BlackRock Enhanced Dividend Achievers Tr were worth $20,316,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of BDJ. Sandy Spring Bank bought a new stake in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter valued at approximately $27,000. C J Advisory Inc bought a new stake in shares of BlackRock Enhanced Dividend Achievers Tr in the 1st quarter valued at approximately $28,000. Pinnacle Bank bought a new stake in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter valued at approximately $30,000. GWM Advisors LLC bought a new stake in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter valued at approximately $79,000. Finally, Shepherd Kaplan Krochuk LLC bought a new stake in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter valued at approximately $88,000.

BDJ stock opened at $8.60 on Wednesday. BlackRock Enhanced Dividend Achievers Tr has a 1-year low of $7.23 and a 1-year high of $9.58.

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.0467 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.56 annualized dividend and a dividend yield of 6.52%.

TRADEMARK VIOLATION WARNING: This article was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.watchlistnews.com/raymond-james-associates-lowers-position-in-blackrock-enhanced-dividend-achievers-tr-bdj/3018669.html.

About BlackRock Enhanced Dividend Achievers Tr

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.

Featured Story: What is the Moving Average Convergence Divergence (MACD) oscillator?

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 MarketBeat.com's FREE daily email newsletter.