Vicus Capital Lowers stake in BlackRock Enhanced Dividend Achievers Tr (BDJ)

BlackRock Enhanced Dividend Achievers Tr (BDJ) : Vicus Capital reduced its stake in BlackRock Enhanced Dividend Achievers Tr by 5.57% during the most recent quarter end. The investment management company now holds a total of 62,210 shares of BlackRock Enhanced Dividend Achievers Tr which is valued at $496,436 after selling 3,670 shares in BlackRock Enhanced Dividend Achievers Tr , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.BlackRock Enhanced Dividend Achievers Tr makes up approximately 0.12% of Vicus Capital’s portfolio.

Other Hedge Funds, Including , Oxbow Advisors boosted its stake in BDJ in the latest quarter, The investment management firm added 6,377 additional shares and now holds a total of 48,014 shares of BlackRock Enhanced Dividend Achievers Tr which is valued at $383,152. BlackRock Enhanced Dividend Achievers Tr makes up approx 0.05% of Oxbow Advisors’s portfolio. Shaker Financial Services sold out all of its stake in BDJ during the most recent quarter. The investment firm sold 35,087 shares of BDJ which is valued $279,994.Blue Bell Private Wealth Management reduced its stake in BDJ by selling 45,247 shares or 33.22% in the most recent quarter. The Hedge Fund company now holds 90,938 shares of BDJ which is valued at $732,051. BlackRock Enhanced Dividend Achievers Tr makes up approx 0.45% of Blue Bell Private Wealth Management’s portfolio.Blb&b Advisors reduced its stake in BDJ by selling 1,599 shares or 9.57% in the most recent quarter. The Hedge Fund company now holds 15,117 shares of BDJ which is valued at $121,541. BlackRock Enhanced Dividend Achievers Tr makes up approx 0.02% of Blb&b Advisors’s portfolio.

BlackRock Enhanced Dividend Achievers Tr opened for trading at $8.08 and hit $8.09 on the upside on Monday, eventually ending the session at $8.07, with a gain of 0.12% or 0.01 points. The heightened volatility saw the trading volume jump to 3,52,770 shares. Company has a market cap of $508 M.

BlackRock Enhanced Equity Dividend Trust (the Trust) is a diversified closed-end management investment company. The Trust’s primary investment objective is to seek current income and current gains with a secondary objective of long-term capital appreciation. The Trust seeks to achieve these objectives by investing in common stocks that pay above average dividends and have the potential for capital appreciation and by utilizing an option writing (selling) strategy to enhance distributions paid to the Trust’s shareholders. Under normal market conditions the Trust will invest at least 80% of its total assets in dividend paying equities. The Trust invests in sectors such as financials industrials energy Information Technology Telecommunication Services health care and consumer. The Fund’s Investment advisor is BlackRock Advisors LLC.

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