Cambridge Investment Research Advisors Inc. Lowers Stock Holdings in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Cambridge Investment Research Advisors Inc. trimmed its position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CIIGet Rating) by 23.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,379 shares of the real estate investment trust’s stock after selling 24,798 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $1,678,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 7.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 447,427 shares of the real estate investment trust’s stock worth $9,342,000 after buying an additional 31,266 shares in the last quarter. Leelyn Smith LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund in the first quarter worth approximately $35,000. TBH Global Asset Management LLC increased its position in shares of BlackRock Enhanced Capital and Income Fund by 6.1% in the first quarter. TBH Global Asset Management LLC now owns 38,192 shares of the real estate investment trust’s stock worth $797,000 after purchasing an additional 2,193 shares during the last quarter. Tcwp LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund in the first quarter worth approximately $78,000. Finally, Csenge Advisory Group increased its position in shares of BlackRock Enhanced Capital and Income Fund by 233.0% in the first quarter. Csenge Advisory Group now owns 47,343 shares of the real estate investment trust’s stock worth $989,000 after purchasing an additional 33,126 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Performance

CII stock opened at $18.70 on Wednesday. The company’s 50 day moving average is $18.84 and its 200 day moving average is $19.29. BlackRock Enhanced Capital and Income Fund, Inc. has a 1-year low of $16.80 and a 1-year high of $22.30.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be given a $0.0995 dividend. This represents a $1.19 annualized dividend and a dividend yield of 6.39%. The ex-dividend date is Wednesday, September 14th.

BlackRock Enhanced Capital and Income Fund Profile

(Get Rating)

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.

See Also

Want to see what other hedge funds are holding CII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CIIGet Rating).

Institutional Ownership by Quarter for BlackRock Enhanced Capital and Income Fund (NYSE:CII)

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