Shaker Financial Services LLC Reduces Stock Holdings in BlackRock Enhanced International Dividend Trust $BGY

Shaker Financial Services LLC lowered its stake in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 68.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 121,540 shares of the investment management company’s stock after selling 267,447 shares during the quarter. Shaker Financial Services LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $699,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Harbour Investments Inc. increased its position in BlackRock Enhanced International Dividend Trust by 82.8% during the second quarter. Harbour Investments Inc. now owns 4,538 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 2,056 shares during the last quarter. Endeavor Private Wealth Inc. boosted its position in shares of BlackRock Enhanced International Dividend Trust by 11.3% during the third quarter. Endeavor Private Wealth Inc. now owns 35,250 shares of the investment management company’s stock valued at $203,000 after buying an additional 3,573 shares during the period. Atria Wealth Solutions Inc. grew its stake in shares of BlackRock Enhanced International Dividend Trust by 37.4% during the second quarter. Atria Wealth Solutions Inc. now owns 15,000 shares of the investment management company’s stock valued at $87,000 after buying an additional 4,084 shares during the last quarter. Perigon Wealth Management LLC raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 27.5% in the second quarter. Perigon Wealth Management LLC now owns 19,625 shares of the investment management company’s stock worth $114,000 after buying an additional 4,229 shares during the period. Finally, Corrado Advisors LLC raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 1.5% in the second quarter. Corrado Advisors LLC now owns 299,676 shares of the investment management company’s stock worth $1,735,000 after buying an additional 4,360 shares during the period.

BlackRock Enhanced International Dividend Trust Stock Performance

BGY opened at $5.91 on Wednesday. The business has a fifty day moving average of $5.77 and a 200 day moving average of $5.76. BlackRock Enhanced International Dividend Trust has a 52-week low of $4.67 and a 52-week high of $5.95.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a dividend of $0.0426 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date of this dividend is Friday, March 13th.

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.