Money Concepts Capital Corp Sells 487 Shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Money Concepts Capital Corp decreased its holdings in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,203 shares of the real estate investment trust’s stock after selling 487 shares during the period. Money Concepts Capital Corp’s holdings in BlackRock Enhanced Capital and Income Fund were worth $567,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Cornerstone Advisors LLC boosted its stake in shares of BlackRock Enhanced Capital and Income Fund by 120.3% in the third quarter. Cornerstone Advisors LLC now owns 450,700 shares of the real estate investment trust’s stock worth $8,874,000 after acquiring an additional 246,093 shares during the period. Shaker Financial Services LLC boosted its stake in shares of BlackRock Enhanced Capital and Income Fund by 49.2% in the third quarter. Shaker Financial Services LLC now owns 339,551 shares of the real estate investment trust’s stock worth $6,686,000 after acquiring an additional 111,924 shares during the period. Wolverine Asset Management LLC boosted its stake in shares of BlackRock Enhanced Capital and Income Fund by 82.4% in the third quarter. Wolverine Asset Management LLC now owns 230,165 shares of the real estate investment trust’s stock worth $4,532,000 after acquiring an additional 103,972 shares during the period. Landscape Capital Management L.L.C. lifted its position in shares of BlackRock Enhanced Capital and Income Fund by 24.0% in the third quarter. Landscape Capital Management L.L.C. now owns 159,048 shares of the real estate investment trust’s stock worth $3,132,000 after buying an additional 30,766 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund in the third quarter worth about $22,420,000.

BlackRock Enhanced Capital and Income Fund Trading Up 0.9 %

NYSE:CII opened at $20.97 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a 12 month low of $17.57 and a 12 month high of $21.14. The business’s 50-day moving average is $20.37 and its 200 day moving average is $19.77.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.141 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 8.07%.

About BlackRock Enhanced Capital and Income Fund

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.