Heritage Wealth Management Inc. Invests $156,000 in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Heritage Wealth Management Inc. acquired a new stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 18,000 shares of the investment management company’s stock, valued at approximately $156,000.

Several other large investors have also recently added to or reduced their stakes in the business. CWM LLC boosted its stake in shares of BlackRock Enhanced Equity Dividend Trust by 32.9% in the 2nd quarter. CWM LLC now owns 8,333 shares of the investment management company’s stock valued at $68,000 after buying an additional 2,065 shares during the period. First Heartland Consultants Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust in the second quarter worth approximately $86,000. Spirepoint Private Client LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust during the 1st quarter worth approximately $87,000. Kapstone Financial Advisors LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust during the 2nd quarter worth approximately $89,000. Finally, Prairie Wealth Advisors Inc. increased its position in shares of BlackRock Enhanced Equity Dividend Trust by 14.7% in the 2nd quarter. Prairie Wealth Advisors Inc. now owns 16,800 shares of the investment management company’s stock valued at $137,000 after purchasing an additional 2,150 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.8 %

BlackRock Enhanced Equity Dividend Trust stock opened at $8.86 on Friday. The company has a fifty day simple moving average of $8.62 and a 200-day simple moving average of $8.37. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $7.20 and a 12-month high of $8.88.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.0562 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.67 annualized dividend and a dividend yield of 7.61%.

BlackRock Enhanced Equity Dividend Trust 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.