Kovitz Investment Group Partners LLC Decreases Stock Holdings in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Kovitz Investment Group Partners LLC decreased its holdings in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 29.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 598,633 shares of the real estate investment trust’s stock after selling 255,757 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $11,057,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at $18,471,000. Bank of America Corp DE raised its stake in shares of BlackRock Enhanced Capital and Income Fund by 6.1% in the fourth quarter. Bank of America Corp DE now owns 473,963 shares of the real estate investment trust’s stock valued at $9,527,000 after acquiring an additional 27,054 shares during the period. LPL Financial LLC raised its stake in shares of BlackRock Enhanced Capital and Income Fund by 3.5% in the first quarter. LPL Financial LLC now owns 440,725 shares of the real estate investment trust’s stock valued at $8,140,000 after acquiring an additional 14,833 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of BlackRock Enhanced Capital and Income Fund by 3.1% in the first quarter. Envestnet Asset Management Inc. now owns 332,097 shares of the real estate investment trust’s stock valued at $6,134,000 after acquiring an additional 9,965 shares during the period. Finally, NFP Retirement Inc. raised its stake in shares of BlackRock Enhanced Capital and Income Fund by 4.3% in the first quarter. NFP Retirement Inc. now owns 193,351 shares of the real estate investment trust’s stock valued at $3,571,000 after acquiring an additional 7,958 shares during the period.

BlackRock Enhanced Capital and Income Fund Price Performance

Shares of CII opened at $22.09 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a twelve month low of $15.20 and a twelve month high of $22.30. The company’s fifty day simple moving average is $21.24 and its 200-day simple moving average is $19.98.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a $0.141 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) annualized dividend and a dividend yield of 7.7%.

BlackRock Enhanced Capital and Income Fund 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.