BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Shares Sold by Fort Pitt Capital Group LLC

Fort Pitt Capital Group LLC cut its holdings in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 32.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,174,976 shares of the real estate investment trust’s stock after selling 569,266 shares during the period. Fort Pitt Capital Group LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $23,135,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in BlackRock Enhanced Capital and Income Fund by 15.1% in the second quarter. Envestnet Asset Management Inc. now owns 270,393 shares of the real estate investment trust’s stock worth $5,405,000 after purchasing an additional 35,449 shares in the last quarter. Cornerstone Advisors LLC acquired a new position in BlackRock Enhanced Capital and Income Fund in the second quarter worth about $4,090,000. Wolverine Asset Management LLC grew its stake in BlackRock Enhanced Capital and Income Fund by 72.8% in the second quarter. Wolverine Asset Management LLC now owns 126,193 shares of the real estate investment trust’s stock worth $2,523,000 after purchasing an additional 53,155 shares in the last quarter. International Assets Investment Management LLC acquired a new position in BlackRock Enhanced Capital and Income Fund in the third quarter worth about $22,420,000. Finally, Cambridge Investment Research Advisors Inc. grew its stake in BlackRock Enhanced Capital and Income Fund by 2.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 72,916 shares of the real estate investment trust’s stock worth $1,458,000 after purchasing an additional 1,699 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Trading Up 0.6 %

NYSE:CII opened at $19.34 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a one year low of $17.57 and a one year high of $20.40. The stock has a 50-day simple moving average of $19.51 and a 200 day simple moving average of $19.39.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 15th were paid a $0.0995 dividend. The ex-dividend date was Tuesday, October 15th. This represents a $1.19 dividend on an annualized basis and a yield of 6.17%.

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.