Compound Planning Inc. Buys 24,343 Shares of BlackRock Enhanced Capital and Income Fund, Inc. $CII

Compound Planning Inc. boosted its stake in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 173.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,376 shares of the real estate investment trust’s stock after buying an additional 24,343 shares during the quarter. Compound Planning Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $807,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. CENTRAL TRUST Co bought a new position in shares of BlackRock Enhanced Capital and Income Fund during the first quarter worth about $36,000. Vermillion & White Wealth Management Group LLC bought a new stake in BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at approximately $38,000. Flagship Harbor Advisors LLC bought a new stake in BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at approximately $41,000. Root Financial Partners LLC acquired a new stake in BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at approximately $41,000. Finally, US Bancorp DE increased its position in BlackRock Enhanced Capital and Income Fund by 662.8% during the 3rd quarter. US Bancorp DE now owns 2,647 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 2,300 shares during the period.

BlackRock Enhanced Capital and Income Fund Stock Performance

BlackRock Enhanced Capital and Income Fund stock opened at $24.02 on Tuesday. BlackRock Enhanced Capital and Income Fund, Inc. has a 52-week low of $20.43 and a 52-week high of $26.17. The firm has a 50 day moving average price of $25.00 and a two-hundred day moving average price of $23.62.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.141 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Enhanced Capital and Income Fund 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.