74,061 BlackRock Enhanced Capital and Income Fund, Inc. $CII Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. trimmed its position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 80.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,263 shares of the real estate investment trust’s stock after selling 74,061 shares during the quarter. Wedbush Securities Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $438,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in BlackRock Enhanced Capital and Income Fund during the 3rd quarter worth approximately $42,000. PMG Family Office LLC lifted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 1.4% in the 3rd quarter. PMG Family Office LLC now owns 53,532 shares of the real estate investment trust’s stock valued at $1,285,000 after buying an additional 737 shares during the period. Shaker Financial Services LLC acquired a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 3rd quarter valued at approximately $3,407,000. Farther Finance Advisors LLC acquired a new stake in shares of BlackRock Enhanced Capital and Income Fund in the 3rd quarter valued at approximately $39,000. Finally, Baird Financial Group Inc. purchased a new stake in shares of BlackRock Enhanced Capital and Income Fund in the second quarter valued at approximately $230,000.

BlackRock Enhanced Capital and Income Fund Stock Performance

BlackRock Enhanced Capital and Income Fund stock opened at $23.52 on Wednesday. The stock’s 50 day moving average price is $24.09 and its 200 day moving average price is $23.80. BlackRock Enhanced Capital and Income Fund, Inc. has a 1-year low of $20.43 and a 1-year high of $26.17.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be issued a $0.1410 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $1.69 dividend on an annualized basis and a yield of 7.2%.

BlackRock Enhanced Capital and Income Fund Profile

BlackRock Enhanced Capital and Income Fund, Inc (NYSE: CII) is a diversified closed-end investment fund managed by BlackRock Advisors, LLC. The fund seeks to provide investors with current income and long-term capital appreciation through an actively managed portfolio of equity and income-producing securities.

The fund invests primarily in common stocks of companies across multiple industries and geographic regions. To support its income objective, it may also invest in debt and other income-generating securities and use options strategies, including writing covered call options on portfolio holdings.