Wolverine Asset Management LLC Raises Position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Wolverine Asset Management LLC increased its position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 72.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,193 shares of the real estate investment trust’s stock after purchasing an additional 53,155 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $2,523,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC acquired a new position in shares of BlackRock Enhanced Capital and Income Fund during the 4th quarter worth $26,000. Mather Group LLC. purchased a new position in BlackRock Enhanced Capital and Income Fund in the second quarter valued at about $47,000. Bogart Wealth LLC increased its holdings in BlackRock Enhanced Capital and Income Fund by 26.3% in the fourth quarter. Bogart Wealth LLC now owns 6,250 shares of the real estate investment trust’s stock valued at $119,000 after buying an additional 1,300 shares in the last quarter. Calamos Advisors LLC acquired a new stake in shares of BlackRock Enhanced Capital and Income Fund during the 2nd quarter valued at approximately $237,000. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of BlackRock Enhanced Capital and Income Fund by 4.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 15,110 shares of the real estate investment trust’s stock worth $287,000 after acquiring an additional 610 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Down 1.2 %

NYSE CII opened at $19.37 on Wednesday. The business has a 50 day moving average price of $19.46 and a 200 day moving average price of $19.34. BlackRock Enhanced Capital and Income Fund, Inc. has a 1-year low of $16.76 and a 1-year high of $20.40.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were issued a $0.0995 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 6.16%.

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.