BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its holdings in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 29.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 151,250 shares of the financial services provider’s stock after buying an additional 34,500 shares during the period. Envestnet Asset Management Inc.’s holdings in BlackRock Enhanced Global Dividend Trust were worth $1,641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BOE. Raymond James Financial Inc. purchased a new stake in BlackRock Enhanced Global Dividend Trust during the fourth quarter worth about $6,140,000. Sit Investment Associates Inc. boosted its holdings in BlackRock Enhanced Global Dividend Trust by 44.1% during the fourth quarter. Sit Investment Associates Inc. now owns 1,315,521 shares of the financial services provider’s stock worth $14,168,000 after buying an additional 402,308 shares in the last quarter. NBC Securities Inc. raised its position in BlackRock Enhanced Global Dividend Trust by 1,057,276.9% during the first quarter. NBC Securities Inc. now owns 137,459 shares of the financial services provider’s stock worth $1,491,000 after acquiring an additional 137,446 shares during the last quarter. Saba Capital Management L.P. raised its position in BlackRock Enhanced Global Dividend Trust by 6.7% during the fourth quarter. Saba Capital Management L.P. now owns 2,148,768 shares of the financial services provider’s stock worth $23,142,000 after acquiring an additional 135,300 shares during the last quarter. Finally, Guggenheim Capital LLC raised its position in BlackRock Enhanced Global Dividend Trust by 13.0% during the fourth quarter. Guggenheim Capital LLC now owns 843,704 shares of the financial services provider’s stock worth $9,087,000 after acquiring an additional 97,270 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust Price Performance

NYSE:BOE opened at $11.35 on Thursday. The firm has a 50 day simple moving average of $11.28 and a 200-day simple moving average of $11.05. BlackRock Enhanced Global Dividend Trust has a 1-year low of $9.16 and a 1-year high of $11.54.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 15th will be given a dividend of $0.0827 per share. This represents a $0.99 annualized dividend and a yield of 8.74%. The ex-dividend date of this dividend is Tuesday, July 15th.

About BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.