Karpus Management Inc. Cuts Holdings in Blackrock Enhanced Internationl Dvdnd Tr (NYSE:BGY)

Karpus Management Inc. decreased its holdings in Blackrock Enhanced Internationl Dvdnd Tr (NYSE:BGY) by 40.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,062,880 shares of the investment management company’s stock after selling 727,070 shares during the quarter. Karpus Management Inc. owned about 0.97% of Blackrock Enhanced Internationl Dvdnd Tr worth $6,972,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FCA Corp TX increased its stake in shares of Blackrock Enhanced Internationl Dvdnd Tr by 8.8% in the 3rd quarter. FCA Corp TX now owns 501,912 shares of the investment management company’s stock valued at $3,293,000 after purchasing an additional 40,709 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Blackrock Enhanced Internationl Dvdnd Tr in the 2nd quarter valued at about $162,000. Royal Bank of Canada increased its stake in shares of Blackrock Enhanced Internationl Dvdnd Tr by 100.5% in the 2nd quarter. Royal Bank of Canada now owns 38,895 shares of the investment management company’s stock valued at $244,000 after purchasing an additional 19,496 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in shares of Blackrock Enhanced Internationl Dvdnd Tr in the 3rd quarter valued at about $113,000. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Blackrock Enhanced Internationl Dvdnd Tr by 21.5% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 68,797 shares of the investment management company’s stock valued at $451,000 after purchasing an additional 12,169 shares in the last quarter.

Shares of Blackrock Enhanced Internationl Dvdnd Tr (BGY) traded up $0.05 during trading on Friday, hitting $6.52. The company had a trading volume of 371,771 shares, compared to its average volume of 258,132. Blackrock Enhanced Internationl Dvdnd Tr has a 1 year low of $5.42 and a 1 year high of $6.71.

The company also recently disclosed a monthly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were paid a dividend of $0.038 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.46 annualized dividend and a yield of 6.99%.

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About Blackrock Enhanced Internationl Dvdnd Tr

BlackRock Enhanced International Dividend Trust (the Trust), formerly BlackRock International Growth and Income Trust, is a closed-end management investment company. The Trust’s primary investment objective is to provide current income and current gains, with a secondary objective of long-term capital appreciation.

Institutional Ownership by Quarter for Blackrock Enhanced Internationl Dvdnd Tr (NYSE:BGY)

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