Richard C. Young Ltd. Lowers stake in BlackRock Enhanced Dividend Achievers Tr (BDJ)

BlackRock Enhanced Dividend Achievers Tr (BDJ) : Richard C. Young Ltd. reduced its stake in BlackRock Enhanced Dividend Achievers Tr by 0.78% during the most recent quarter end. The investment management company now holds a total of 1,346,864 shares of BlackRock Enhanced Dividend Achievers Tr which is valued at $10,788,381 after selling 10,531 shares in BlackRock Enhanced Dividend Achievers Tr , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.BlackRock Enhanced Dividend Achievers Tr makes up approximately 2.33% of Richard C. Young Ltd.’s portfolio.

Other Hedge Funds, Including , Raymond James Associates reduced its stake in BDJ by selling 38,598 shares or 1.61% in the most recent quarter. The Hedge Fund company now holds 2,362,148 shares of BDJ which is valued at $18,920,805. BlackRock Enhanced Dividend Achievers Tr makes up approx 0.06% of Raymond James Associates’s portfolio.Pointe Capital Management reduced its stake in BDJ by selling 13,600 shares or 24.67% in the most recent quarter. The Hedge Fund company now holds 41,525 shares of BDJ which is valued at $333,446. BlackRock Enhanced Dividend Achievers Tr makes up approx 0.24% of Pointe Capital Management’s portfolio. Donald L. Hagan sold out all of its stake in BDJ during the most recent quarter. The investment firm sold 1,611 shares of BDJ which is valued $12,920.Creative Planning reduced its stake in BDJ by selling 1,529 shares or 8.28% in the most recent quarter. The Hedge Fund company now holds 16,931 shares of BDJ which is valued at $134,771.

BlackRock Enhanced Dividend Achievers Tr closed down -0.02 points or -0.25% at $8.03 with 4,75,214 shares getting traded on Tuesday. Post opening the session at $8.09, the shares hit an intraday low of $8.02 and an intraday high of $8.09 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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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