Wolverine Asset Management LLC Has $2.51 Million Stake in BlackRock Enhanced Global Dividend Trust $BOE
by Teresa Graham · The Cerbat GemWolverine Asset Management LLC boosted its holdings in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE – Free Report) by 39.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 214,519 shares of the financial services provider’s stock after buying an additional 60,282 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock Enhanced Global Dividend Trust were worth $2,512,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Webster Bank N. A. acquired a new position in BlackRock Enhanced Global Dividend Trust during the fourth quarter worth $70,000. Jackson Grant Investment Advisers Inc. acquired a new position in BlackRock Enhanced Global Dividend Trust during the third quarter worth $85,000. VSM Wealth Advisory LLC increased its position in BlackRock Enhanced Global Dividend Trust by 436.9% during the third quarter. VSM Wealth Advisory LLC now owns 8,091 shares of the financial services provider’s stock worth $94,000 after buying an additional 6,584 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust in the third quarter valued at about $116,000. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of BlackRock Enhanced Global Dividend Trust in the third quarter valued at about $116,000.
BlackRock Enhanced Global Dividend Trust Stock Down 1.2%
Shares of NYSE:BOE opened at $11.69 on Tuesday. The stock’s 50-day moving average is $11.45 and its 200-day moving average is $11.61. BlackRock Enhanced Global Dividend Trust has a 52-week low of $10.59 and a 52-week high of $12.18.
BlackRock Enhanced Global Dividend Trust Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.0827 dividend. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date is Monday, June 15th.
BlackRock Enhanced Global Dividend Trust Company Profile
BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.
The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.