Stonebridge Financial Group LLC Purchases New Holdings in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Stonebridge Financial Group LLC acquired a new position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,435 shares of the real estate investment trust’s stock, valued at approximately $330,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CII. Calamos Advisors LLC boosted its position in shares of BlackRock Enhanced Capital and Income Fund by 81.5% in the 4th quarter. Calamos Advisors LLC now owns 27,955 shares of the real estate investment trust’s stock worth $562,000 after purchasing an additional 12,557 shares in the last quarter. Sanctuary Advisors LLC raised its stake in BlackRock Enhanced Capital and Income Fund by 28.5% during the third quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock valued at $302,000 after buying an additional 3,397 shares during the last quarter. Stifel Financial Corp boosted its holdings in BlackRock Enhanced Capital and Income Fund by 4.0% in the third quarter. Stifel Financial Corp now owns 43,171 shares of the real estate investment trust’s stock worth $850,000 after acquiring an additional 1,677 shares in the last quarter. Landscape Capital Management L.L.C. grew its stake in shares of BlackRock Enhanced Capital and Income Fund by 24.0% in the third quarter. Landscape Capital Management L.L.C. now owns 159,048 shares of the real estate investment trust’s stock worth $3,132,000 after acquiring an additional 30,766 shares during the last quarter. Finally, Cornerstone Advisors LLC increased its holdings in shares of BlackRock Enhanced Capital and Income Fund by 120.3% during the third quarter. Cornerstone Advisors LLC now owns 450,700 shares of the real estate investment trust’s stock valued at $8,874,000 after acquiring an additional 246,093 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Up 0.9 %

CII opened at $20.97 on Wednesday. BlackRock Enhanced Capital and Income Fund, Inc. has a 1 year low of $17.57 and a 1 year high of $21.14. The stock has a 50-day moving average price of $20.41 and a 200-day moving average price of $19.80.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.141 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.69 annualized dividend and a yield of 8.07%.

About BlackRock Enhanced Capital and Income Fund

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.