Comerica Bank Sells 8,694 Shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

Comerica Bank decreased its holdings in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 11.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 64,964 shares of the financial services provider’s stock after selling 8,694 shares during the period. Comerica Bank’s holdings in BlackRock Enhanced Global Dividend Trust were worth $700,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of BOE. Modern Wealth Management LLC purchased a new position in BlackRock Enhanced Global Dividend Trust during the 4th quarter valued at $128,000. Level Four Advisory Services LLC boosted its stake in shares of BlackRock Enhanced Global Dividend Trust by 25.7% during the fourth quarter. Level Four Advisory Services LLC now owns 12,737 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 2,607 shares during the period. Illumine Investment Management LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the fourth quarter valued at $140,000. WealthShield Partners LLC grew its holdings in shares of BlackRock Enhanced Global Dividend Trust by 56.8% in the fourth quarter. WealthShield Partners LLC now owns 16,315 shares of the financial services provider’s stock worth $176,000 after purchasing an additional 5,907 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in BlackRock Enhanced Global Dividend Trust in the 4th quarter worth about $239,000.

BlackRock Enhanced Global Dividend Trust Trading Down 0.2%

Shares of BOE opened at $11.06 on Wednesday. BlackRock Enhanced Global Dividend Trust has a 1-year low of $9.16 and a 1-year high of $11.47. The company has a 50-day moving average of $10.66 and a 200 day moving average of $10.99.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.0827 per share. This represents a $0.99 dividend on an annualized basis and a dividend yield of 8.97%. The ex-dividend date of this dividend is Thursday, May 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.