Pinnacle Wealth Planning Services Inc. lifted its holdings in BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 14.1% during the first quarter, Holdings Channel reports. The institutional investor owned 16,728 shares of the investment management company’s stock after purchasing an additional 2,073 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $143,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Sandy Spring Bank bought a new position in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter worth about $27,000. C J Advisory Inc bought a new position in shares of BlackRock Enhanced Dividend Achievers Tr in the 1st quarter worth about $28,000. Pinnacle Bank bought a new position in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter worth about $30,000. GWM Advisors LLC bought a new position in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter worth about $79,000. Finally, Shepherd Kaplan Krochuk LLC bought a new position in shares of BlackRock Enhanced Dividend Achievers Tr in the 4th quarter worth about $88,000.

BlackRock Enhanced Dividend Achievers Tr stock opened at $8.56 on Thursday. BlackRock Enhanced Dividend Achievers Tr has a 1 year low of $7.23 and a 1 year high of $9.58.

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a $0.0467 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.55%.

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BlackRock Enhanced Dividend Achievers Tr Profile

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.

Further Reading: Gross Domestic Product (GDP)

Want to see what other hedge funds are holding BDJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ).

Institutional Ownership by Quarter for BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ)

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