Atomi Financial Group Increases Its Stake in BlackRock Enhanced Capital and Income Fund

Atomi Financial Group Inc. has enhanced its investment in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII – Free Report) by 5.6% during the third quarter, as revealed by its latest filing with the Securities & Exchange Commission. After acquiring an additional 719 shares during this period, Atomi Financial Group now holds a total of 13,523 shares of the real estate investment trust (REIT). According to its recent SEC disclosure, these holdings are valued at approximately $266,000.

Additionally, other institutional investors and hedge funds have also adjusted their positions in BlackRock Enhanced Capital and Income Fund. For instance, Private Advisor Group LLC increased its stake by 3.0% in the second quarter and holds 46,395 shares valued at $927,000 after adding 1,363 shares during the last quarter. Similarly, Cambridge Investment Research Advisors Inc. raised its position by 2.4% in the second quarter and now owns 72,916 shares worth $1,458,000 after acquiring 1,699 shares.

B. Riley Wealth Advisors Inc. also grew its investment in BlackRock Enhanced Capital and Income Fund by 5.1% in the fourth quarter, bringing its total to 47,328 shares valued at $899,000 after purchasing 2,302 shares. Meanwhile, Mather Group LLC took a new position in the fund in the second quarter, valued at $47,000. Great Valley Advisor Group Inc. increased its stake by 15.6% during the same quarter, owning 18,485 shares worth $370,000 after acquiring an additional 2,500 shares.

Performance of BlackRock Enhanced Capital and Income Fund

The stock performance of BlackRock Enhanced Capital and Income Fund (NYSE:CII) opened at $19.86 on Friday. The fund maintains a 50-day moving average of $19.30 and a 200-day moving average of $19.34. Its stock has experienced a 52-week low of $16.76 and a high of $20.40, reflecting some fluctuations in its market value.

Dividend Announcement by BlackRock Enhanced Capital and Income Fund

Recently, the fund announced a monthly dividend to be paid on Thursday, October 31st. Shareholders recorded as of Tuesday, October 15th, will receive a dividend payment of $0.0995 per share. The ex-dividend date falls on Tuesday, October 15th. This translates to an annualized dividend of $1.19, resulting in a dividend yield of 6.01%.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc. is a closed-end equity mutual fund established by BlackRock, Inc. The fund is operated by BlackRock Advisors, LLC and focuses on investing in diverse securities in public equity markets globally, targeting companies across various sectors.

Atomi, Investment, BlackRock