one8zero8 LLC Takes Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

one8zero8 LLC bought a new stake in BlackRock Enhanced Global Dividend Trust (NYSE:BOE) during the 4th quarter, HoldingsChannel.com reports. The fund bought 50,000 shares of the financial services provider’s stock, valued at approximately $538,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Meridian Wealth Management LLC purchased a new stake in BlackRock Enhanced Global Dividend Trust during the 3rd quarter valued at about $138,000. Illumine Investment Management LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust during the fourth quarter worth about $140,000. WealthShield Partners LLC boosted its position in 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 valued at $176,000 after buying an additional 5,907 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new position in BlackRock Enhanced Global Dividend Trust in the 3rd quarter worth approximately $201,000. Finally, Oppenheimer & Co. Inc. raised its position in BlackRock Enhanced Global Dividend Trust by 18.8% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 19,733 shares of the financial services provider’s stock worth $222,000 after buying an additional 3,120 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust Stock Performance

Shares of NYSE BOE opened at $10.87 on Monday. The company has a 50 day simple moving average of $11.17 and a two-hundred day simple moving average of $11.17. BlackRock Enhanced Global Dividend Trust has a 12 month low of $9.83 and a 12 month high of $11.47.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.0827 per share. The ex-dividend date is Friday, March 14th. This represents a $0.99 dividend on an annualized basis and a yield of 9.13%.

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.