Oppenheimer & Co. Inc. Acquires New Stake in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Oppenheimer & Co. Inc. purchased a new position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,700 shares of the real estate investment trust’s stock, valued at approximately $215,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Cornerstone Advisors LLC increased its position in BlackRock Enhanced Capital and Income Fund by 120.3% in the third quarter. Cornerstone Advisors LLC now owns 450,700 shares of the real estate investment trust’s stock worth $8,874,000 after buying an additional 246,093 shares in the last quarter. Wolverine Asset Management LLC increased its position in BlackRock Enhanced Capital and Income Fund by 82.4% in the third quarter. Wolverine Asset Management LLC now owns 230,165 shares of the real estate investment trust’s stock worth $4,532,000 after buying an additional 103,972 shares in the last quarter. Landscape Capital Management L.L.C. increased its position in BlackRock Enhanced Capital and Income Fund by 24.0% in the third quarter. Landscape Capital Management L.L.C. now owns 159,048 shares of the real estate investment trust’s stock worth $3,132,000 after buying an additional 30,766 shares in the last quarter. Truist Financial Corp increased its position in BlackRock Enhanced Capital and Income Fund by 2.2% in the fourth quarter. Truist Financial Corp now owns 75,524 shares of the real estate investment trust’s stock worth $1,518,000 after buying an additional 1,643 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in BlackRock Enhanced Capital and Income Fund by 5,372.1% in the fourth quarter. Global Retirement Partners LLC now owns 59,482 shares of the real estate investment trust’s stock worth $1,196,000 after buying an additional 58,395 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Performance

Shares of CII opened at $19.21 on Monday. The business has a 50-day simple moving average of $20.49 and a two-hundred day simple moving average of $19.99. BlackRock Enhanced Capital and Income Fund, Inc. has a 52 week low of $17.57 and a 52 week high of $21.14.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.141 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 8.81%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Enhanced Capital and Income Fund Company 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.