Stifel Financial Corp reduced its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 7.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,353,101 shares of the investment management company’s stock after selling 112,485 shares during the period. Stifel Financial Corp owned approximately 0.72% of BlackRock Enhanced Equity Dividend Trust worth $12,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BDJ. Wells Fargo & Company MN grew its stake in shares of BlackRock Enhanced Equity Dividend Trust by 5.2% during the third quarter. Wells Fargo & Company MN now owns 4,525,924 shares of the investment management company’s stock valued at $41,050,000 after acquiring an additional 224,372 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 8.3% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 1,637,435 shares of the investment management company’s stock worth $14,852,000 after purchasing an additional 125,670 shares during the last quarter. Richard C. Young & CO. LTD. lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 1.9% during the third quarter. Richard C. Young & CO. LTD. now owns 1,474,756 shares of the investment management company’s stock worth $13,376,000 after purchasing an additional 27,415 shares during the last quarter. Royal Bank of Canada lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 12.0% during the second quarter. Royal Bank of Canada now owns 1,380,678 shares of the investment management company’s stock worth $12,150,000 after purchasing an additional 148,276 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 2.3% during the third quarter. Ameriprise Financial Inc. now owns 458,131 shares of the investment management company’s stock worth $4,200,000 after purchasing an additional 10,404 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust (NYSE BDJ) opened at $9.07 on Monday. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $8.05 and a 12-month high of $9.31.

The business also recently declared a monthly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th were given a dividend of $0.0467 per share. The ex-dividend date was Tuesday, November 14th. This represents a $0.56 annualized dividend and a dividend yield of 6.18%.

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BlackRock Enhanced Equity Dividend Trust Company Profile

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.

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Institutional Ownership by Quarter for BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

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