Yakira Capital Management Inc. Takes Position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Yakira Capital Management Inc. acquired a new position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,074 shares of the real estate investment trust’s stock, valued at approximately $564,000.

Several other institutional investors also recently bought and sold shares of CII. Truist Financial Corp raised its holdings in shares of 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 in the last quarter. Stifel Financial Corp raised its stake in BlackRock Enhanced Capital and Income Fund by 4.0% in 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 in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in BlackRock Enhanced Capital and Income Fund by 22.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 15,890 shares of the real estate investment trust’s stock worth $319,000 after buying an additional 2,879 shares during the period. Financial Security Advisor Inc. boosted its position in BlackRock Enhanced Capital and Income Fund by 28.3% during the 4th quarter. Financial Security Advisor Inc. now owns 13,914 shares of the real estate investment trust’s stock valued at $280,000 after acquiring an additional 3,066 shares in the last quarter. Finally, Congress Wealth Management LLC DE increased its holdings in shares of BlackRock Enhanced Capital and Income Fund by 3.6% in the 4th quarter. Congress Wealth Management LLC DE now owns 94,439 shares of the real estate investment trust’s stock valued at $1,898,000 after acquiring an additional 3,303 shares during the period.

BlackRock Enhanced Capital and Income Fund Price Performance

CII opened at $16.83 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a 12 month low of $16.80 and a 12 month high of $21.14. The stock has a fifty day moving average price of $19.76 and a 200-day moving average price of $19.89.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.141 per share. This represents a $1.69 annualized dividend and a dividend yield of 10.05%. The ex-dividend date of this dividend is Tuesday, April 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.