BlackRock Enhanced Global Dividend Trust (BOE) Hits New 1-Year Low at $10.02

BlackRock Enhanced Global Dividend Trust (NYSE:BOE)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.02 and last traded at $10.10, with a volume of 10648 shares changing hands. The stock had previously closed at $10.20.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Monday, October 15th will be issued a $0.063 dividend. This represents a $0.76 annualized dividend and a dividend yield of 7.43%. The ex-dividend date of this dividend is Friday, October 12th.

Several hedge funds have recently added to or reduced their stakes in BOE. Shaker Financial Services LLC grew its holdings in shares of BlackRock Enhanced Global Dividend Trust by 175.7% in the second quarter. Shaker Financial Services LLC now owns 363,689 shares of the financial services provider’s stock valued at $4,044,000 after acquiring an additional 231,791 shares in the last quarter. Bank of Nova Scotia bought a new position in shares of BlackRock Enhanced Global Dividend Trust in the second quarter valued at approximately $1,334,000. Morgan Stanley grew its holdings in shares of BlackRock Enhanced Global Dividend Trust by 1.9% in the second quarter. Morgan Stanley now owns 4,556,923 shares of the financial services provider’s stock valued at $50,673,000 after acquiring an additional 84,638 shares in the last quarter. Stifel Financial Corp bought a new position in shares of BlackRock Enhanced Global Dividend Trust in the first quarter valued at approximately $899,000. Finally, Royal Bank of Canada grew its holdings in shares of BlackRock Enhanced Global Dividend Trust by 16.2% in the first quarter. Royal Bank of Canada now owns 479,676 shares of the financial services provider’s stock valued at $5,550,000 after acquiring an additional 66,972 shares in the last quarter.

BlackRock Enhanced Global Dividend Trust Company Profile (NYSE:BOE)

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.

Further Reading: The Role of a Fiduciary and Individual Investors

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