Osaic Holdings Inc. Has $9.14 Million Stake in BlackRock Enhanced Capital and Income Fund, Inc. $CII

Osaic Holdings Inc. increased its position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 9.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 428,263 shares of the real estate investment trust’s stock after purchasing an additional 37,645 shares during the period. Osaic Holdings Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $9,144,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ameritas Advisory Services LLC bought a new stake in BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth approximately $68,000. 17 Capital Partners LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund in the second quarter valued at approximately $221,000. Westbourne Investment Advisors Inc. purchased a new position in shares of BlackRock Enhanced Capital and Income Fund during the second quarter valued at approximately $235,000. Vanguard Capital Wealth Advisors bought a new stake in BlackRock Enhanced Capital and Income Fund during the second quarter worth $256,000. Finally, Compound Planning Inc. grew its holdings in BlackRock Enhanced Capital and Income Fund by 11.2% during the first quarter. Compound Planning Inc. now owns 13,903 shares of the real estate investment trust’s stock worth $257,000 after buying an additional 1,405 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Trading Up 1.7%

NYSE CII opened at $23.89 on Friday. The company has a fifty day moving average price of $23.83 and a 200-day moving average price of $22.53. BlackRock Enhanced Capital and Income Fund, Inc. has a 1 year low of $15.20 and a 1 year high of $26.17.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The business also recently declared a special dividend, which will be paid on Friday, January 16th. Investors of record on Wednesday, December 3rd will be issued a $1.833 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund (NYSE: CII) is a diversified, closed-end management investment company organized in 1993 that seeks to provide shareholders with high current income and capital appreciation. The fund pursues its objectives by investing primarily in a portfolio of U.S. dollar-denominated senior secured floating-rate loans (commonly referred to as bank loans), high-yield corporate debt, collateralized loan obligations (CLOs) and other credit instruments. In order to enhance returns, the fund may employ leverage through borrowings and derivative exposures.

The fund’s portfolio construction emphasizes credit quality, yield generation and risk management.