LPL Financial LLC Has $8.56 Million Stake in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

LPL Financial LLC increased its stake in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 425,892 shares of the real estate investment trust’s stock after purchasing an additional 9,944 shares during the quarter. LPL Financial LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $8,560,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Oppenheimer & Co. Inc. bought a new position in BlackRock Enhanced Capital and Income Fund in the 4th quarter valued at $215,000. HighTower Advisors LLC bought a new position in BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at about $236,000. Financial Security Advisor Inc. boosted its holdings in BlackRock Enhanced Capital and Income Fund by 28.3% in the fourth 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 during the last quarter. Sanctuary Advisors LLC increased its position in BlackRock Enhanced Capital and Income Fund by 28.5% in the third quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock worth $302,000 after purchasing an additional 3,397 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its holdings in BlackRock Enhanced Capital and Income Fund by 22.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 15,890 shares of the real estate investment trust’s stock worth $319,000 after purchasing an additional 2,879 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Performance

BlackRock Enhanced Capital and Income Fund stock opened at $16.83 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a 1 year low of $16.80 and a 1 year high of $21.14. The company’s 50-day moving average is $19.76 and its two-hundred day moving average is $19.88.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be issued a $0.141 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $1.69 annualized dividend and a yield of 10.05%.

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.