Vista Investment Partners II LLC Buys New Stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Vista Investment Partners II LLC purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 17,539 shares of the investment management company’s stock, valued at approximately $145,000.

A number of other large investors have also recently bought and sold shares of BDJ. XML Financial LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 30.7% during the 3rd quarter. XML Financial LLC now owns 20,571 shares of the investment management company’s stock worth $178,000 after purchasing an additional 4,837 shares during the period. Tyler Stone Wealth Management boosted its stake in BlackRock Enhanced Equity Dividend Trust by 93.9% during the 3rd quarter. Tyler Stone Wealth Management now owns 63,474 shares of the investment management company’s stock worth $549,000 after purchasing an additional 30,735 shares during the period. Ashton Thomas Securities LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 7.2% during the 3rd quarter. Ashton Thomas Securities LLC now owns 74,876 shares of the investment management company’s stock worth $648,000 after purchasing an additional 5,000 shares during the period. Laffer Tengler Investments Inc. acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the 3rd quarter worth $590,000. Finally, Advisors Asset Management Inc. boosted its stake in BlackRock Enhanced Equity Dividend Trust by 4.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,083,026 shares of the investment management company’s stock worth $9,368,000 after purchasing an additional 41,426 shares during the period.

BlackRock Enhanced Equity Dividend Trust Stock Performance

BDJ stock opened at $8.71 on Tuesday. BlackRock Enhanced Equity Dividend Trust has a one year low of $7.80 and a one year high of $9.07. The company has a fifty day moving average of $8.71 and a 200-day moving average of $8.67.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.0619 dividend. This represents a $0.74 annualized dividend and a dividend yield of 8.53%. The ex-dividend date is Friday, March 14th. This is a boost from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

About BlackRock Enhanced Equity Dividend Trust

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.