Cetera Investment Advisers Increases Stock Position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Cetera Investment Advisers increased its position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 72,058 shares of the real estate investment trust’s stock after acquiring an additional 1,594 shares during the period. Cetera Investment Advisers’ holdings in BlackRock Enhanced Capital and Income Fund were worth $1,448,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at $201,000. Oppenheimer & Co. Inc. purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at $215,000. AGP Franklin LLC purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at $235,000. HighTower Advisors LLC purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at $236,000. Finally, Financial Engines Advisors L.L.C. purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at $266,000.

BlackRock Enhanced Capital and Income Fund Trading Down 1.1%

Shares of CII opened at $19.74 on Thursday. The firm has a fifty day simple moving average of $18.49 and a two-hundred day simple moving average of $19.60. BlackRock Enhanced Capital and Income Fund, Inc. has a 1-year low of $15.20 and a 1-year high of $21.14.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.141 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.69 dividend on an annualized basis and a yield of 8.57%.

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.