Cahill Financial Advisors Inc. Grows Stake in BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ)

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Cahill Financial Advisors Inc. boosted its position in shares of BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) by 4.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,648 shares of the investment management company’s stock after purchasing an additional 2,500 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in BlackRock Enhanced Dividend Achievers Tr were worth $583,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BDJ. Parametric Portfolio Associates LLC increased its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 10.1% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,666,321 shares of the investment management company’s stock valued at $23,650,000 after acquiring an additional 243,589 shares during the period. Invesco Ltd. increased its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 3.4% in the 2nd quarter. Invesco Ltd. now owns 2,429,622 shares of the investment management company’s stock valued at $21,551,000 after acquiring an additional 79,006 shares during the period. Richard C. Young & CO. LTD. increased its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 0.9% in the 2nd quarter. Richard C. Young & CO. LTD. now owns 1,586,092 shares of the investment management company’s stock valued at $14,069,000 after acquiring an additional 14,145 shares during the period. LPL Financial LLC increased its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 19.1% in the 2nd quarter. LPL Financial LLC now owns 931,591 shares of the investment management company’s stock valued at $8,263,000 after acquiring an additional 149,536 shares during the period. Finally, Capital Investment Advisors LLC increased its holdings in shares of BlackRock Enhanced Dividend Achievers Tr by 0.6% in the 2nd quarter. Capital Investment Advisors LLC now owns 319,674 shares of the investment management company’s stock valued at $2,836,000 after acquiring an additional 1,880 shares during the period.

Shares of NYSE:BDJ traded up $0.04 on Thursday, reaching $9.22. The company had a trading volume of 39,882 shares, compared to its average volume of 418,008. BlackRock Enhanced Dividend Achievers Tr has a 52-week low of $7.23 and a 52-week high of $9.58. The firm’s 50 day simple moving average is $8.94 and its 200-day simple moving average is $8.75.

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be issued a $0.05 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.51%.

About BlackRock Enhanced Dividend Achievers Tr

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.

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

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