Waterfront Wealth Inc. Purchases 11,126 Shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY)

Waterfront Wealth Inc. lifted its position in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,008,634 shares of the investment management company’s stock after purchasing an additional 11,126 shares during the period. BlackRock Enhanced International Dividend Trust accounts for about 1.6% of Waterfront Wealth Inc.’s holdings, making the stock its 12th biggest position. Waterfront Wealth Inc.’s holdings in BlackRock Enhanced International Dividend Trust were worth $5,316,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its position in shares of BlackRock Enhanced International Dividend Trust by 19.6% during the first quarter. International Assets Investment Management LLC now owns 12,200 shares of the investment management company’s stock valued at $70,000 after purchasing an additional 2,000 shares in the last quarter. Royal Bank of Canada raised its position in BlackRock Enhanced International Dividend Trust by 1.1% in the third quarter. Royal Bank of Canada now owns 225,824 shares of the investment management company’s stock worth $1,009,000 after acquiring an additional 2,440 shares during the period. LPL Financial LLC raised its position in BlackRock Enhanced International Dividend Trust by 3.6% in the fourth quarter. LPL Financial LLC now owns 73,685 shares of the investment management company’s stock worth $370,000 after acquiring an additional 2,559 shares during the period. Janney Montgomery Scott LLC raised its position in BlackRock Enhanced International Dividend Trust by 4.4% in the third quarter. Janney Montgomery Scott LLC now owns 61,582 shares of the investment management company’s stock worth $307,000 after acquiring an additional 2,600 shares during the period. Finally, WealthShield Partners LLC raised its position in BlackRock Enhanced International Dividend Trust by 12.8% in the third quarter. WealthShield Partners LLC now owns 23,047 shares of the investment management company’s stock worth $115,000 after acquiring an additional 2,620 shares during the period.

BlackRock Enhanced International Dividend Trust Stock Performance

BGY stock remained flat at $5.15 during mid-day trading on Wednesday. 157,244 shares of the company’s stock traded hands, compared to its average volume of 210,174. BlackRock Enhanced International Dividend Trust has a twelve month low of $4.68 and a twelve month high of $5.66. The firm’s 50 day moving average is $5.38 and its two-hundred day moving average is $5.20.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a $0.034 dividend. This represents a $0.41 annualized dividend and a yield of 7.92%. The ex-dividend date is Friday, April 12th.

BlackRock Enhanced International Dividend Trust Company Profile

BlackRock Enhanced International 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 excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.