BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) Position Reduced by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. reduced its position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 7.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,699 shares of the real estate investment trust’s stock after selling 1,220 shares during the quarter. Geneos Wealth Management Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $306,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of CII. Principal Securities Inc. acquired a new stake in BlackRock Enhanced Capital and Income Fund during the fourth quarter valued at approximately $6,285,000. Shaker Financial Services LLC acquired a new position in BlackRock Enhanced Capital and Income Fund in the fourth quarter worth approximately $3,026,000. International Assets Investment Management LLC bought a new position in shares of BlackRock Enhanced Capital and Income Fund in the fourth quarter valued at $2,087,000. Raymond James & Associates lifted its position in shares of BlackRock Enhanced Capital and Income Fund by 15.8% during the 1st quarter. Raymond James & Associates now owns 539,244 shares of the real estate investment trust’s stock valued at $10,510,000 after acquiring an additional 73,530 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of BlackRock Enhanced Capital and Income Fund by 173.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 54,050 shares of the real estate investment trust’s stock worth $1,053,000 after acquiring an additional 34,301 shares in the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Performance

Shares of NYSE CII opened at $20.17 on Friday. The stock’s fifty day simple moving average is $19.57 and its 200 day simple moving average is $19.27. BlackRock Enhanced Capital and Income Fund, Inc. has a 52-week low of $16.76 and a 52-week high of $20.40.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th will be issued a dividend of $0.0995 per share. The ex-dividend date of this dividend is Monday, July 15th. This represents a $1.19 annualized dividend and a yield of 5.92%.

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.