BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) Stake Decreased by Relative Value Partners Group LLC

Relative Value Partners Group LLC reduced its stake in shares of BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 2.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 80,857 shares of the investment management company’s stock after selling 1,920 shares during the period. Relative Value Partners Group LLC’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $691,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in BDJ. Wealthcare Advisory Partners LLC raised its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 4.8% during the first quarter. Wealthcare Advisory Partners LLC now owns 38,056 shares of the investment management company’s stock valued at $325,000 after purchasing an additional 1,742 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 12.0% during the first quarter. Commonwealth Equity Services LLC now owns 184,147 shares of the investment management company’s stock valued at $1,574,000 after purchasing an additional 19,757 shares in the last quarter. Citigroup Inc. raised its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 145.7% during the first quarter. Citigroup Inc. now owns 13,903 shares of the investment management company’s stock valued at $119,000 after purchasing an additional 8,245 shares in the last quarter. City of London Investment Management Co. Ltd. raised its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 55.9% during the first quarter. City of London Investment Management Co. Ltd. now owns 97,046 shares of the investment management company’s stock valued at $828,000 after purchasing an additional 34,800 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of BlackRock Enhanced Dividend Achievers Tr by 21.5% during the first quarter. Envestnet Asset Management Inc. now owns 46,013 shares of the investment management company’s stock valued at $393,000 after purchasing an additional 8,147 shares in the last quarter.

Shares of NYSE BDJ traded up $0.03 during midday trading on Friday, reaching $8.58. 320,469 shares of the company traded hands, compared to its average volume of 418,361. BlackRock Enhanced Dividend Achievers Tr has a 52 week low of $7.23 and a 52 week high of $9.58.

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.047 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date is Thursday, June 13th.

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BlackRock Enhanced Dividend Achievers Tr Profile

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.

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Want to see what other hedge funds are holding BDJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ).

Institutional Ownership by Quarter for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ)

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