WNY Asset Management LLC Invests $8.14 Million in BlackRock Enhanced International Dividend Trust $BGY

WNY Asset Management LLC bought a new position in BlackRock Enhanced International Dividend Trust (NYSE:BGY) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 1,504,369 shares of the investment management company’s stock, valued at approximately $8,139,000. BlackRock Enhanced International Dividend Trust accounts for about 0.8% of WNY Asset Management LLC’s investment portfolio, making the stock its 22nd biggest holding.

Other hedge funds have also bought and sold shares of the company. Benjamin Edwards Inc. increased its position in BlackRock Enhanced International Dividend Trust by 21.6% in the fourth quarter. Benjamin Edwards Inc. now owns 14,354 shares of the investment management company’s stock worth $84,000 after buying an additional 2,549 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of BlackRock Enhanced International Dividend Trust by 16.0% in the first quarter. Cetera Investment Advisers now owns 19,559 shares of the investment management company’s stock worth $106,000 after buying an additional 2,696 shares during the period. Endeavor Private Wealth Inc. lifted its position in shares of BlackRock Enhanced International Dividend Trust by 9.1% during the 4th quarter. Endeavor Private Wealth Inc. now owns 38,449 shares of the investment management company’s stock valued at $226,000 after buying an additional 3,199 shares in the last quarter. UBS Group AG lifted its position in shares of BlackRock Enhanced International Dividend Trust by 1.2% during the 3rd quarter. UBS Group AG now owns 365,958 shares of the investment management company’s stock valued at $2,104,000 after buying an additional 4,181 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in shares of BlackRock Enhanced International Dividend Trust by 95.1% during the 4th quarter. Harbour Investments Inc. now owns 8,965 shares of the investment management company’s stock valued at $53,000 after acquiring an additional 4,370 shares during the period.

BlackRock Enhanced International Dividend Trust Price Performance

BlackRock Enhanced International Dividend Trust stock opened at $5.79 on Friday. The firm has a 50 day moving average of $5.72 and a 200 day moving average of $5.77. BlackRock Enhanced International Dividend Trust has a 12-month low of $5.19 and a 12-month high of $6.23.

BlackRock Enhanced International Dividend Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0426 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 8.8%.

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.