Congress Wealth Management LLC DE Has $1.90 Million Position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Congress Wealth Management LLC DE increased its holdings in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 3.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 94,439 shares of the real estate investment trust’s stock after acquiring an additional 3,303 shares during the quarter. Congress Wealth Management LLC DE’s holdings in BlackRock Enhanced Capital and Income Fund were worth $1,898,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in CII. Stifel Financial Corp lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 4.0% during the third quarter. Stifel Financial Corp now owns 43,171 shares of the real estate investment trust’s stock worth $850,000 after buying an additional 1,677 shares during the last quarter. Sanctuary Advisors LLC increased its position in BlackRock Enhanced Capital and Income Fund by 28.5% during the third quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock worth $302,000 after acquiring an additional 3,397 shares during the period. Calamos Advisors LLC raised its stake in BlackRock Enhanced Capital and Income Fund by 81.5% during the 4th quarter. Calamos Advisors LLC now owns 27,955 shares of the real estate investment trust’s stock valued at $562,000 after purchasing an additional 12,557 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in BlackRock Enhanced Capital and Income Fund in the 4th quarter valued at $330,000. Finally, Truist Financial Corp grew its position in BlackRock Enhanced Capital and Income Fund by 2.2% in the 4th quarter. Truist Financial Corp now owns 75,524 shares of the real estate investment trust’s stock worth $1,518,000 after purchasing an additional 1,643 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Down 1.0 %

Shares of CII opened at $19.00 on Thursday. The company has a 50-day simple moving average of $20.11 and a 200-day simple moving average of $19.93. BlackRock Enhanced Capital and Income Fund, Inc. has a 52 week low of $17.57 and a 52 week high of $21.14.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.141 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 8.91%.

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.