BlackRock Enhanced Global Dividend Trust $BOE Shares Purchased by Shaker Financial Services LLC

Shaker Financial Services LLC lifted its holdings in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 102.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,470 shares of the financial services provider’s stock after acquiring an additional 90,304 shares during the period. Shaker Financial Services LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $2,065,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Pinnacle Bancorp Inc. purchased a new stake in BlackRock Enhanced Global Dividend Trust during the 2nd quarter worth $72,000. Allworth Financial LP acquired a new position in shares of BlackRock Enhanced Global Dividend Trust during the second quarter worth about $74,000. Kovack Advisors Inc. acquired a new position in shares of BlackRock Enhanced Global Dividend Trust during the second quarter worth about $120,000. Bluefin Capital Management LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust in the first quarter worth about $115,000. Finally, Spirepoint Private Client LLC grew its stake in shares of BlackRock Enhanced Global Dividend Trust by 11.2% in the third quarter. Spirepoint Private Client LLC now owns 11,156 shares of the financial services provider’s stock valued at $129,000 after buying an additional 1,126 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Price Performance

BlackRock Enhanced Global Dividend Trust stock opened at $11.87 on Wednesday. BlackRock Enhanced Global Dividend Trust has a one year low of $9.16 and a one year high of $11.88. The stock’s 50 day moving average price is $11.59 and its 200 day moving average price is $11.53.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The company 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 $0.0827 dividend. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 8.4%.

About BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.