Shaker Financial Services LLC Buys 111,924 Shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Shaker Financial Services LLC boosted its stake in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 49.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 339,551 shares of the real estate investment trust’s stock after purchasing an additional 111,924 shares during the quarter. BlackRock Enhanced Capital and Income Fund comprises approximately 2.5% of Shaker Financial Services LLC’s holdings, making the stock its 5th biggest position. Shaker Financial Services LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $6,686,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Atomi Financial Group Inc. grew its position in shares of BlackRock Enhanced Capital and Income Fund by 5.6% during the 3rd quarter. Atomi Financial Group Inc. now owns 13,523 shares of the real estate investment trust’s stock valued at $266,000 after acquiring an additional 719 shares during the period. Private Advisor Group LLC grew its position in shares of BlackRock Enhanced Capital and Income Fund by 3.0% during the 2nd quarter. Private Advisor Group LLC now owns 46,395 shares of the real estate investment trust’s stock valued at $927,000 after acquiring an additional 1,363 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of BlackRock Enhanced Capital and Income Fund by 2.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 72,916 shares of the real estate investment trust’s stock valued at $1,458,000 after acquiring an additional 1,699 shares during the period. Mather Group LLC. acquired a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter valued at about $47,000. Finally, Great Valley Advisor Group Inc. boosted its holdings in BlackRock Enhanced Capital and Income Fund by 15.6% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 18,485 shares of the real estate investment trust’s stock worth $370,000 after buying an additional 2,500 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Trading Up 1.2 %

CII stock opened at $19.72 on Thursday. BlackRock Enhanced Capital and Income Fund, Inc. has a 12-month low of $17.57 and a 12-month high of $20.40. The business’s 50-day moving average is $19.52 and its 200 day moving average is $19.41.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.0995 dividend. This represents a $1.19 annualized dividend and a yield of 6.05%. The ex-dividend date of this dividend is Friday, November 15th.

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.