FourThought Financial LLC Lowers Stake in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

FourThought Financial LLC reduced its holdings in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII – Get Rating) by 33.5% in the third quarter, HoldingsChannel reports. The fund owned 4,227 shares of the real estate investment trust’s stock after selling 2,128 shares during the period. FourThought Financial LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $70,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CII. Fort Pitt Capital Group LLC raised its holdings in BlackRock Enhanced Capital and Income Fund by 2.7% in the third quarter. Fort Pitt Capital Group LLC now owns 2,199,381 shares of the real estate investment trust’s stock worth $36,180,000 after buying an additional 58,539 shares during the last quarter. Guggenheim Capital LLC raised its holdings in BlackRock Enhanced Capital and Income Fund by 33.6% in the first quarter. Guggenheim Capital LLC now owns 218,655 shares of the real estate investment trust’s stock worth $4,566,000 after buying an additional 54,934 shares during the last quarter. Royal Bank of Canada raised its holdings in BlackRock Enhanced Capital and Income Fund by 9.0% in the third quarter. Royal Bank of Canada now owns 487,225 shares of the real estate investment trust’s stock worth $8,014,000 after buying an additional 40,327 shares during the last quarter. Next Level Private LLC purchased a new position in BlackRock Enhanced Capital and Income Fund in the third quarter worth about $557,000. Finally, Bluefin Capital Management LLC purchased a new position in BlackRock Enhanced Capital and Income Fund in the second quarter worth about $529,000.

BlackRock Enhanced Capital and Income Fund Stock Down 1.4 %

Shares of BlackRock Enhanced Capital and Income Fund stock opened at $16.88 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a 52-week low of $16.19 and a 52-week high of $21.23. The company has a 50-day simple moving average of $18.07 and a two-hundred day simple moving average of $17.74.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th will be paid a $0.0995 dividend. The ex-dividend date is Tuesday, March 14th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 7.07%.

About BlackRock Enhanced Capital and Income Fund

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BlackRock Enhanced Capital & Income Fund, Inc is a closed-end investment trust. The company’s investment objective is to provide investors with a combination of current income and capital appreciation. It primarily invests in a portfolio of equity and debt securities of US and foreign issuers. The company was founded on April 30, 2004 and is headquartered in Wilmington, DE.