Financial Security Advisor Inc. Acquires 1,086 Shares of BlackRock Enhanced Capital and Income Fund, Inc. $CII

Financial Security Advisor Inc. lifted its holdings in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 7.2% in the second quarter, HoldingsChannel reports. The fund owned 16,084 shares of the real estate investment trust’s stock after buying an additional 1,086 shares during the period. Financial Security Advisor Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $343,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Mather Group LLC. bought a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 1st quarter worth approximately $45,000. Ameritas Advisory Services LLC bought a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 2nd quarter worth approximately $68,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 15.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,670 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 756 shares during the last quarter. Elequin Capital LP bought a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 1st quarter worth approximately $137,000. Finally, Vanguard Capital Wealth Advisors bought a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 2nd quarter worth approximately $256,000.

BlackRock Enhanced Capital and Income Fund Stock Performance

Shares of CII opened at $24.08 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a fifty-two week low of $15.20 and a fifty-two week high of $24.14. The firm has a 50 day moving average price of $22.51 and a 200-day moving average price of $20.69.

BlackRock Enhanced Capital and Income Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be issued a dividend of $0.506 per share. The ex-dividend date is Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 25.2%. This is an increase from BlackRock Enhanced Capital and Income Fund’s previous monthly dividend of $0.14.

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.