PNC Financial Services Group Inc. Trims Holdings in BlackRock Enhanced Capital and Income Fund, Inc. $CII

PNC Financial Services Group Inc. trimmed its stake in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 12.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 7,124 shares of the real estate investment trust’s stock after selling 978 shares during the period. PNC Financial Services Group Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $132,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Kovitz Investment Group Partners LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at approximately $17,173,000. Bank of America Corp DE grew its holdings in shares of BlackRock Enhanced Capital and Income Fund by 6.1% in the fourth quarter. Bank of America Corp DE now owns 473,963 shares of the real estate investment trust’s stock valued at $9,527,000 after purchasing an additional 27,054 shares in the last quarter. LPL Financial LLC grew its holdings in shares of BlackRock Enhanced Capital and Income Fund by 3.5% in the first quarter. LPL Financial LLC now owns 440,725 shares of the real estate investment trust’s stock valued at $8,140,000 after purchasing an additional 14,833 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of BlackRock Enhanced Capital and Income Fund by 3.1% in the first quarter. Envestnet Asset Management Inc. now owns 332,097 shares of the real estate investment trust’s stock valued at $6,134,000 after purchasing an additional 9,965 shares in the last quarter. Finally, Capital Investment Advisory Services LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund in the first quarter valued at approximately $1,514,000.

BlackRock Enhanced Capital and Income Fund Trading Down 0.4%

NYSE CII opened at $21.9740 on Wednesday. BlackRock Enhanced Capital and Income Fund, Inc. has a 52 week low of $15.20 and a 52 week high of $22.30. The firm has a 50 day moving average of $21.29 and a two-hundred day moving average of $19.99.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be given a $0.141 dividend. The ex-dividend date is Friday, August 15th. This represents a c) annualized dividend and a yield of 7.7%.

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.