International Assets Investment Management LLC Makes New Investment in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

International Assets Investment Management LLC purchased a new position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 113,848 shares of the real estate investment trust’s stock, valued at approximately $22,420,000.

Several other large investors also recently bought and sold shares of CII. Atomi Financial Group Inc. boosted its position in shares of BlackRock Enhanced Capital and Income Fund by 5.6% during the 3rd quarter. Atomi Financial Group Inc. now owns 13,523 shares of the real estate investment trust’s stock worth $266,000 after acquiring an additional 719 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of BlackRock Enhanced Capital and Income Fund by 3.0% during the 2nd quarter. Private Advisor Group LLC now owns 46,395 shares of the real estate investment trust’s stock worth $927,000 after acquiring an additional 1,363 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of BlackRock Enhanced Capital and Income Fund by 2.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 72,916 shares of the real estate investment trust’s stock worth $1,458,000 after acquiring an additional 1,699 shares in the last quarter. Mather Group LLC. acquired a new position in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth about $47,000. Finally, Great Valley Advisor Group Inc. boosted its position in shares of BlackRock Enhanced Capital and Income Fund by 15.6% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 18,485 shares of the real estate investment trust’s stock valued at $370,000 after purchasing an additional 2,500 shares during the period.

BlackRock Enhanced Capital and Income Fund Price Performance

Shares of NYSE CII opened at $19.61 on Wednesday. BlackRock Enhanced Capital and Income Fund, Inc. has a 52-week low of $16.84 and a 52-week high of $20.40. The business has a 50-day moving average price of $19.50 and a 200 day moving average price of $19.37.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a $0.0995 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 6.09%.

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.