Calamos Advisors LLC Increases Stake in BlackRock Enhanced Capital and Income Fund, Inc. $CII

Calamos Advisors LLC lifted its stake in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 15.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,085 shares of the real estate investment trust’s stock after buying an additional 2,764 shares during the quarter. Calamos Advisors LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $450,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new position in BlackRock Enhanced Capital and Income Fund in the second quarter worth approximately $68,000. Elequin Capital LP acquired a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 1st quarter valued at $137,000. Westbourne Investment Advisors Inc. purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth $235,000. Vanguard Capital Wealth Advisors purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter worth $256,000. Finally, Compound Planning Inc. grew its stake in shares of BlackRock Enhanced Capital and Income Fund by 11.2% during the first quarter. Compound Planning Inc. now owns 13,903 shares of the real estate investment trust’s stock worth $257,000 after purchasing an additional 1,405 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Price Performance

NYSE:CII opened at $23.58 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a 12 month low of $15.20 and a 12 month high of $24.49. The business’s fifty day moving average price is $23.34 and its 200 day moving average price is $21.77.

BlackRock Enhanced Capital and Income Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be issued a $0.506 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 25.8%. The ex-dividend date is Monday, December 22nd. This is an increase from BlackRock Enhanced Capital and Income Fund’s previous monthly dividend of $0.14.

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.