Raymond James Financial Inc. Acquires Shares of 918,969 BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Raymond James Financial Inc. bought a new position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 918,969 shares of the real estate investment trust’s stock, valued at approximately $18,471,000.

Other hedge funds have also recently modified their holdings of the company. Cornerstone Advisors LLC increased its stake in BlackRock Enhanced Capital and Income Fund by 72.9% during the 4th quarter. Cornerstone Advisors LLC now owns 779,267 shares of the real estate investment trust’s stock worth $15,663,000 after buying an additional 328,567 shares in the last quarter. Sit Investment Associates Inc. boosted its stake in shares of BlackRock Enhanced Capital and Income Fund by 833.3% in the fourth quarter. Sit Investment Associates Inc. now owns 274,316 shares of the real estate investment trust’s stock worth $5,514,000 after acquiring an additional 244,924 shares during the last quarter. one8zero8 LLC purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund during the fourth quarter worth approximately $1,188,000. Global Retirement Partners LLC increased its position in shares of BlackRock Enhanced Capital and Income Fund by 5,372.1% during the fourth quarter. Global Retirement Partners LLC now owns 59,482 shares of the real estate investment trust’s stock worth $1,196,000 after purchasing an additional 58,395 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in BlackRock Enhanced Capital and Income Fund by 12.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 322,132 shares of the real estate investment trust’s stock valued at $6,475,000 after purchasing an additional 35,991 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Down 0.2 %

Shares of CII opened at $17.29 on Monday. BlackRock Enhanced Capital and Income Fund, Inc. has a 52-week low of $15.20 and a 52-week high of $21.14. The firm’s fifty day moving average is $18.95 and its two-hundred day moving average is $19.71.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a dividend of $0.141 per share. The ex-dividend date is Tuesday, April 15th. This represents a $1.69 annualized dividend and a yield of 9.79%.

BlackRock Enhanced Capital and Income Fund Profile

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.