Vermillion & White Wealth Management Group LLC Invests $29,000 in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Vermillion & White Wealth Management Group LLC purchased a new position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,464 shares of the real estate investment trust’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Calamos Advisors LLC raised its stake in BlackRock Enhanced Capital and Income Fund by 81.5% in 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 acquired a new position in BlackRock Enhanced Capital and Income Fund in the 4th quarter valued at about $330,000. Truist Financial Corp raised its stake 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 valued at $1,518,000 after purchasing an additional 1,643 shares during the last quarter. Global Retirement Partners LLC raised its stake in BlackRock Enhanced Capital and Income Fund by 5,372.1% in the 4th quarter. Global Retirement Partners LLC now owns 59,482 shares of the real estate investment trust’s stock valued at $1,196,000 after purchasing an additional 58,395 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in BlackRock Enhanced Capital and Income Fund by 7.9% in the 4th quarter. Private Advisor Group LLC now owns 49,899 shares of the real estate investment trust’s stock worth $1,003,000 after acquiring an additional 3,665 shares during the period.

BlackRock Enhanced Capital and Income Fund Trading Up 0.5%

Shares of CII opened at $19.94 on Monday. The stock has a fifty day moving average of $18.42 and a two-hundred day moving average of $19.59. BlackRock Enhanced Capital and Income Fund, Inc. has a fifty-two week low of $15.20 and a fifty-two week high of $21.14.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.141 per share. This represents a $1.69 annualized dividend and a dividend yield of 8.49%. The ex-dividend date of this dividend is Thursday, May 15th.

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.