Congress Wealth Management LLC DE Has $1.90 Million Stock Holdings in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Congress Wealth Management LLC DE raised its stake in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 94,439 shares of the real estate investment trust’s stock after buying an additional 3,303 shares during the period. Congress Wealth Management LLC DE’s holdings in BlackRock Enhanced Capital and Income Fund were worth $1,898,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Truist Financial Corp boosted its position in BlackRock Enhanced Capital and Income Fund by 2.2% during the fourth quarter. Truist Financial Corp now owns 75,524 shares of the real estate investment trust’s stock valued at $1,518,000 after purchasing an additional 1,643 shares during the last quarter. Stifel Financial Corp grew its stake in shares of BlackRock Enhanced Capital and Income Fund by 4.0% in the 3rd quarter. Stifel Financial Corp now owns 43,171 shares of the real estate investment trust’s stock valued at $850,000 after buying an additional 1,677 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in BlackRock Enhanced Capital and Income Fund by 22.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 15,890 shares of the real estate investment trust’s stock worth $319,000 after buying an additional 2,879 shares during the last quarter. Financial Security Advisor Inc. raised its position in BlackRock Enhanced Capital and Income Fund by 28.3% during the fourth quarter. Financial Security Advisor Inc. now owns 13,914 shares of the real estate investment trust’s stock valued at $280,000 after acquiring an additional 3,066 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in BlackRock Enhanced Capital and Income Fund by 28.5% in the third quarter. Sanctuary Advisors LLC now owns 15,314 shares of the real estate investment trust’s stock valued at $302,000 after acquiring an additional 3,397 shares during the last quarter.

BlackRock Enhanced Capital and Income Fund Stock Performance

Shares of CII opened at $19.00 on Thursday. The company’s fifty day moving average is $20.11 and its 200-day moving average is $19.93. BlackRock Enhanced Capital and Income Fund, Inc. has a 12 month low of $17.57 and a 12 month high of $21.14.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.141 per share. This represents a $1.69 annualized dividend and a yield of 8.91%. The ex-dividend date of this dividend is Friday, March 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.