IFP Advisors Inc raised its position in BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 16.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 154,051 shares of the investment management company’s stock after buying an additional 21,966 shares during the period. IFP Advisors Inc’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $1,356,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Stratos Wealth Partners LTD. raised its position in BlackRock Enhanced Dividend Achievers Tr by 21.1% in the second quarter. Stratos Wealth Partners LTD. now owns 15,149 shares of the investment management company’s stock worth $133,000 after buying an additional 2,637 shares during the last quarter. Park Avenue Securities LLC acquired a new position in BlackRock Enhanced Dividend Achievers Tr during the second quarter worth $138,000. Ronald Blue & Co. LLC raised its position in BlackRock Enhanced Dividend Achievers Tr by 1.6% in the second quarter. Ronald Blue & Co. LLC now owns 17,109 shares of the investment management company’s stock worth $151,000 after buying an additional 272 shares during the last quarter. Accurate Investment Solutions Inc. raised its position in BlackRock Enhanced Dividend Achievers Tr by 1.6% in the second quarter. Accurate Investment Solutions Inc. now owns 27,831 shares of the investment management company’s stock worth $245,000 after buying an additional 446 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in BlackRock Enhanced Dividend Achievers Tr by 8.6% in the second quarter. Janney Montgomery Scott LLC now owns 33,469 shares of the investment management company’s stock worth $295,000 after buying an additional 2,646 shares during the last quarter.

BlackRock Enhanced Dividend Achievers Tr (NYSE BDJ) opened at 8.98 on Wednesday. BlackRock Enhanced Dividend Achievers Tr has a 52-week low of $7.42 and a 52-week high of $9.04. The company’s 50-day moving average is $8.87 and its 200-day moving average is $8.59.

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be issued a dividend of $0.0467 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.56 annualized dividend and a yield of 6.24%.

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BlackRock Enhanced Dividend Achievers Tr 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 Dividend Achievers Tr (NYSE:BDJ)

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