First National Trust Co Invests $393,000 in BlackRock Enhanced Capital and Income Fund, Inc. $CII

First National Trust Co acquired a new position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) in the second quarter, Holdings Channel.com reports. The firm acquired 18,394 shares of the real estate investment trust’s stock, valued at approximately $393,000.

Several other institutional investors also recently bought and sold shares of CII. Capital Investment Advisory Services LLC purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 1st quarter valued at about $1,514,000. Shaker Financial Services LLC boosted its holdings in BlackRock Enhanced Capital and Income Fund by 95.9% during the 1st quarter. Shaker Financial Services LLC now owns 153,671 shares of the real estate investment trust’s stock valued at $2,838,000 after acquiring an additional 75,218 shares during the period. Advisors Asset Management Inc. boosted its holdings in BlackRock Enhanced Capital and Income Fund by 92.3% during the 1st quarter. Advisors Asset Management Inc. now owns 145,905 shares of the real estate investment trust’s stock valued at $2,695,000 after acquiring an additional 70,047 shares during the period. Readystate Asset Management LP purchased a new stake in BlackRock Enhanced Capital and Income Fund during the 1st quarter valued at about $691,000. Finally, 1607 Capital Partners LLC boosted its holdings in BlackRock Enhanced Capital and Income Fund by 41.4% during the 1st quarter. 1607 Capital Partners LLC now owns 103,866 shares of the real estate investment trust’s stock valued at $1,918,000 after acquiring an additional 30,414 shares during the period.

BlackRock Enhanced Capital and Income Fund Stock Performance

Shares of CII stock opened at $23.94 on Wednesday. BlackRock Enhanced Capital and Income Fund, Inc. has a 1-year low of $15.20 and a 1-year high of $24.24. The business has a 50-day moving average of $22.86 and a 200 day moving average of $21.21.

BlackRock Enhanced Capital and Income Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be issued a dividend of $0.506 per share. The ex-dividend date is Monday, December 22nd. This represents a c) annualized dividend and a yield of 25.4%. This is a boost from BlackRock Enhanced Capital and Income Fund’s previous monthly dividend of $0.14.

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.