Principal Securities Inc. Sells 30,481 Shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Principal Securities Inc. lowered its holdings in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 9.6% during the 4th quarter, HoldingsChannel reports. The fund owned 288,548 shares of the real estate investment trust’s stock after selling 30,481 shares during the period. Principal Securities Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $5,800,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of CII. Cornerstone Advisors LLC boosted its stake in BlackRock Enhanced Capital and Income Fund by 120.3% during the third quarter. Cornerstone Advisors LLC now owns 450,700 shares of the real estate investment trust’s stock worth $8,874,000 after acquiring an additional 246,093 shares in the last quarter. International Assets Investment Management LLC purchased a new position in BlackRock Enhanced Capital and Income Fund in the third quarter worth about $22,420,000. Shaker Financial Services LLC raised its holdings in BlackRock Enhanced Capital and Income Fund by 49.2% in the third quarter. Shaker Financial Services LLC now owns 339,551 shares of the real estate investment trust’s stock worth $6,686,000 after buying an additional 111,924 shares during the last quarter. Wolverine Asset Management LLC raised its holdings 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 during the last quarter. Finally, Landscape Capital Management L.L.C. raised its holdings 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 during the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Down 0.3 %

Shares of BlackRock Enhanced Capital and Income Fund stock opened at $21.04 on Monday. BlackRock Enhanced Capital and Income Fund, Inc. has a 52-week low of $17.57 and a 52-week high of $21.14. The company has a 50-day simple moving average of $20.46 and a two-hundred day simple moving average of $19.85.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.141 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.69 annualized dividend and a yield of 8.04%.

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.