TBH Global Asset Management LLC Cuts Stake in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

TBH Global Asset Management LLC lessened its holdings in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 31.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 17,564 shares of the real estate investment trust’s stock after selling 7,893 shares during the quarter. TBH Global Asset Management LLC’s holdings in BlackRock Enhanced Capital and Income Fund were worth $334,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Great Valley Advisor Group Inc. raised its holdings in shares of BlackRock Enhanced Capital and Income Fund by 3.9% in the third quarter. Great Valley Advisor Group Inc. now owns 15,985 shares of the real estate investment trust’s stock worth $298,000 after buying an additional 600 shares during the last quarter. Private Advisor Group LLC raised its stake in BlackRock Enhanced Capital and Income Fund by 2.3% in the 3rd quarter. Private Advisor Group LLC now owns 42,870 shares of the real estate investment trust’s stock worth $800,000 after acquiring an additional 960 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its position in BlackRock Enhanced Capital and Income Fund by 2.4% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 45,026 shares of the real estate investment trust’s stock worth $840,000 after acquiring an additional 1,074 shares during the period. Bogart Wealth LLC grew its stake in BlackRock Enhanced Capital and Income Fund by 26.3% during the 4th quarter. Bogart Wealth LLC now owns 6,250 shares of the real estate investment trust’s stock valued at $119,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Key Financial Inc acquired a new position in shares of BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at about $25,000.

BlackRock Enhanced Capital and Income Fund Trading Up 0.7 %

Shares of BlackRock Enhanced Capital and Income Fund stock traded up $0.13 on Friday, reaching $19.30. 65,053 shares of the stock were exchanged, compared to its average volume of 77,136. The business has a 50 day moving average price of $19.08 and a two-hundred day moving average price of $18.92. BlackRock Enhanced Capital and Income Fund, Inc. has a twelve month low of $16.76 and a twelve month high of $19.81.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be issued a $0.0995 dividend. This represents a $1.19 annualized dividend and a dividend yield of 6.19%. The ex-dividend date is Tuesday, May 14th.

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.