Yakira Capital Management Inc. Invests $564,000 in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Yakira Capital Management Inc. bought a new position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 28,074 shares of the real estate investment trust’s stock, valued at approximately $564,000.

Several other hedge funds also recently added to or reduced their stakes in CII. Oppenheimer & Co. Inc. purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund during the fourth quarter worth about $215,000. HighTower Advisors LLC purchased a new position in shares of BlackRock Enhanced Capital and Income Fund in the 4th quarter valued at approximately $236,000. Financial Engines Advisors L.L.C. acquired a new stake in BlackRock Enhanced Capital and Income Fund in the 4th quarter worth approximately $266,000. Financial Security Advisor Inc. grew its position in BlackRock Enhanced Capital and Income Fund by 28.3% during the 4th quarter. Financial Security Advisor Inc. now owns 13,914 shares of the real estate investment trust’s stock worth $280,000 after purchasing an additional 3,066 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its position in BlackRock Enhanced Capital and Income Fund by 28.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock worth $302,000 after purchasing an additional 3,397 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Down 6.8 %

NYSE CII opened at $16.83 on Friday. BlackRock Enhanced Capital and Income Fund, Inc. has a 12-month low of $16.80 and a 12-month high of $21.14. The company has a fifty day simple moving average of $19.76 and a two-hundred day simple moving average of $19.89.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.141 per share. The ex-dividend date is Tuesday, April 15th. This represents a $1.69 dividend on an annualized basis and a yield of 10.05%.

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.