BlackRock Capital Allocation Trust (NYSE:BCAT) Sets New 12-Month Low at $19.39

BlackRock Capital Allocation Trust (NYSE:BCAT)’s share price reached a new 52-week low on Tuesday . The company traded as low as $19.39 and last traded at $19.39, with a volume of 17451 shares traded. The stock had previously closed at $19.62.

The firm has a 50-day simple moving average of $20.26.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 30th. Stockholders of record on Monday, November 15th will be given a dividend of $0.104 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date is Friday, November 12th.

Several institutional investors have recently bought and sold shares of the company. Morgan Stanley increased its position in shares of BlackRock Capital Allocation Trust by 22.5% during the second quarter. Morgan Stanley now owns 4,652,655 shares of the company’s stock worth $101,800,000 after acquiring an additional 855,847 shares during the period. UBS Group AG increased its holdings in BlackRock Capital Allocation Trust by 67.1% in the third quarter. UBS Group AG now owns 2,130,029 shares of the company’s stock valued at $43,027,000 after buying an additional 855,039 shares during the last quarter. Bank of America Corp DE increased its holdings in BlackRock Capital Allocation Trust by 12.3% in the second quarter. Bank of America Corp DE now owns 1,806,143 shares of the company’s stock valued at $39,518,000 after buying an additional 197,231 shares during the last quarter. Rivernorth Capital Management LLC purchased a new position in BlackRock Capital Allocation Trust in the third quarter valued at $9,239,000. Finally, Wells Fargo & Company MN increased its holdings in BlackRock Capital Allocation Trust by 14.6% in the second quarter. Wells Fargo & Company MN now owns 343,543 shares of the company’s stock valued at $7,517,000 after buying an additional 43,659 shares during the last quarter.

About BlackRock Capital Allocation Trust (NYSE:BCAT)

See Also: Return on Equity (ROE)

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