Tyche Wealth Partners LLC Acquires Shares of 25,897 BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Tyche Wealth Partners LLC bought a new stake in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,897 shares of the real estate investment trust’s stock, valued at approximately $492,000.

Several other hedge funds have also modified their holdings of CII. International Assets Investment Management LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund during the fourth quarter worth $2,087,000. Bank of America Corp DE boosted its holdings in BlackRock Enhanced Capital and Income Fund by 32.4% in the first quarter. Bank of America Corp DE now owns 421,765 shares of the real estate investment trust’s stock valued at $7,562,000 after purchasing an additional 103,143 shares during the last quarter. Wells Fargo & Company MN grew its stake in BlackRock Enhanced Capital and Income Fund by 13.9% during the 4th quarter. Wells Fargo & Company MN now owns 731,713 shares of the real estate investment trust’s stock valued at $12,527,000 after purchasing an additional 89,095 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in BlackRock Enhanced Capital and Income Fund by 78.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 152,051 shares of the real estate investment trust’s stock worth $2,726,000 after purchasing an additional 66,655 shares during the last quarter. Finally, Guggenheim Capital LLC raised its position in shares of BlackRock Enhanced Capital and Income Fund by 33.6% in the 1st quarter. Guggenheim Capital LLC now owns 218,655 shares of the real estate investment trust’s stock valued at $4,566,000 after purchasing an additional 54,934 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Up 0.4 %

Shares of CII stock traded up $0.08 during mid-day trading on Wednesday, reaching $18.56. 63,683 shares of the company were exchanged, compared to its average volume of 77,372. The business’s 50 day simple moving average is $19.36 and its 200 day simple moving average is $18.74. BlackRock Enhanced Capital and Income Fund, Inc. has a fifty-two week low of $16.76 and a fifty-two week high of $19.81.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a $0.0995 dividend. This represents a $1.19 annualized dividend and a dividend yield of 6.43%. The ex-dividend date is Friday, April 12th.

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.