Atomi Financial Group Inc. Expands Its Investment in BlackRock Enhanced Capital and Income Fund

Atomi Financial Group Inc. has increased its stake in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 5.6% during the third quarter, as revealed in its latest disclosure to the Securities and Exchange Commission (SEC). This growth means that the firm now owns a total of 13,523 shares of the real estate investment trust's stock, following the acquisition of an additional 719 shares during this period. According to Atomi's recent filing with the SEC, the value of its holdings in the BlackRock Enhanced Capital and Income Fund is now approximately $266,000.

Additionally, other institutional investors and hedge funds have also adjusted their positions in the fund. For instance, Private Advisor Group LLC increased its ownership by 3.0% during the second quarter, bringing its total to 46,395 shares, worth around $927,000 after buying an additional 1,363 shares. Similarly, Cambridge Investment Research Advisors Inc. boosted its stake by 2.4%, owning 72,916 shares valued at approximately $1,458,000 after acquiring 1,699 more shares in the same quarter. Meanwhile, B. Riley Wealth Advisors Inc. expanded its holdings by 5.1% in the fourth quarter, now managing 47,328 shares valued at $899,000 following the purchase of an additional 2,302 shares. Mather Group LLC also made a new investment in BlackRock Enhanced Capital and Income Fund earlier in the second quarter, valued at $47,000. Furthermore, Great Valley Advisor Group Inc. increased its stake by 15.6%, now owning 18,485 shares worth approximately $370,000 after acquiring an additional 2,500 shares during the same period.

Stock Performance Overview

The stock for BlackRock Enhanced Capital and Income Fund (NYSE:CII) opened at $19.86 on the trading day. Currently, the firm's 50-day moving average stands at $19.30, while its 200-day moving average is at $19.34. Over the past year, the fund has seen a low of $16.76 and a high of $20.40, indicating a range of performance.

Dividend Announcement

In related news, the company has recently announced a monthly dividend. This dividend is set to be paid on Thursday, October 31st, to stockholders who are on record as of Tuesday, October 15th, who will receive $0.0995 per share. The ex-dividend date is also on Tuesday, October 15th. This translates to an annualized dividend of $1.19, equating to 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 that was launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC, and it invests in public equity markets around the world, focusing on securities from companies across various sectors.

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