Advisors Asset Management Inc. Purchases 149,330 Shares of BlackRock Enhanced Capital and Income Fund, Inc. $CII

Advisors Asset Management Inc. raised its position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 82.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 331,393 shares of the real estate investment trust’s stock after buying an additional 149,330 shares during the period. Advisors Asset Management Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $7,622,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of BlackRock Enhanced Capital and Income Fund during the first quarter worth $366,000. Envestnet Asset Management Inc. grew its holdings in BlackRock Enhanced Capital and Income Fund by 4.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 347,145 shares of the real estate investment trust’s stock worth $7,412,000 after acquiring an additional 15,048 shares during the last quarter. First National Trust Co acquired a new stake in BlackRock Enhanced Capital and Income Fund in the 2nd quarter valued at about $393,000. Allworth Financial LP lifted its position in shares of BlackRock Enhanced Capital and Income Fund by 354.7% during the second quarter. Allworth Financial LP now owns 25,461 shares of the real estate investment trust’s stock worth $544,000 after purchasing an additional 19,861 shares in the last quarter. Finally, Westbourne Investment Advisors Inc. acquired a new stake in shares of BlackRock Enhanced Capital and Income Fund in the second quarter valued at approximately $235,000.

BlackRock Enhanced Capital and Income Fund Trading Down 0.2%

BlackRock Enhanced Capital and Income Fund stock opened at $23.08 on Thursday. BlackRock Enhanced Capital and Income Fund, Inc. has a 12-month low of $15.20 and a 12-month high of $26.17. The business’s 50-day simple moving average is $23.28 and its 200 day simple moving average is $23.14.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a $0.141 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 7.3%.

BlackRock Enhanced Capital and Income Fund Company Profile

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.