Hollencrest Capital Management Cuts Stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Hollencrest Capital Management lowered its stake in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 10.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,958 shares of the financial services provider’s stock after selling 1,947 shares during the quarter. Hollencrest Capital Management’s holdings in BlackRock Enhanced Global Dividend Trust were worth $191,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BOE. Pinnacle Wealth Planning Services Inc. grew its position in shares of BlackRock Enhanced Global Dividend Trust by 8.7% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 12,306 shares of the financial services provider’s stock valued at $129,000 after acquiring an additional 982 shares during the period. B. Riley Wealth Advisors Inc. grew its holdings in BlackRock Enhanced Global Dividend Trust by 6.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 48,007 shares of the financial services provider’s stock valued at $509,000 after purchasing an additional 2,786 shares during the period. Dakota Wealth Management grew its holdings in BlackRock Enhanced Global Dividend Trust by 2.4% during the second quarter. Dakota Wealth Management now owns 73,445 shares of the financial services provider’s stock valued at $779,000 after purchasing an additional 1,740 shares during the period. Comerica Bank increased its position in BlackRock Enhanced Global Dividend Trust by 2.9% in the first quarter. Comerica Bank now owns 81,090 shares of the financial services provider’s stock worth $848,000 after buying an additional 2,256 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of BlackRock Enhanced Global Dividend Trust by 7.6% in the second quarter. Thrivent Financial for Lutherans now owns 264,313 shares of the financial services provider’s stock valued at $2,804,000 after buying an additional 18,740 shares during the period.

BlackRock Enhanced Global Dividend Trust Trading Up 0.4 %

BOE stock opened at $11.24 on Friday. The stock has a fifty day moving average of $11.19 and a 200-day moving average of $10.80. BlackRock Enhanced Global Dividend Trust has a fifty-two week low of $9.32 and a fifty-two week high of $11.47.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.063 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.76 annualized dividend and a dividend yield of 6.73%.

About BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.