LPL Financial LLC Grows Stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

LPL Financial LLC lifted its holdings in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) by 120.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 343,517 shares of the financial services provider’s stock after buying an additional 187,409 shares during the period. LPL Financial LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $3,727,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Crews Bank & Trust purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the first quarter valued at $49,000. Elequin Capital LP purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the fourth quarter valued at $99,000. Vivaldi Capital Management LP purchased a new stake in BlackRock Enhanced Global Dividend Trust during the 4th quarter valued at $149,000. Accredited Investor Services LLC purchased a new stake in BlackRock Enhanced Global Dividend Trust during the 1st quarter valued at $148,000. Finally, Advisor Resource Council purchased a new stake in BlackRock Enhanced Global Dividend Trust during the 1st quarter valued at $152,000.

BlackRock Enhanced Global Dividend Trust Trading Down 0.4%

Shares of BOE opened at $11.45 on Friday. The firm has a fifty day simple moving average of $11.34 and a two-hundred day simple moving average of $11.07. BlackRock Enhanced Global Dividend Trust has a 1-year low of $9.16 and a 1-year high of $11.56.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be given a $0.0827 dividend. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend is Friday, August 15th.

BlackRock Enhanced Global Dividend Trust Company Profile

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.