Beckerman Institutional LLC Takes $1.35 Million Position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Beckerman Institutional LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 76,235 shares of the company’s stock, valued at approximately $1,352,000. BlackRock ESG Capital Allocation Term Trust accounts for approximately 1.1% of Beckerman Institutional LLC’s investment portfolio, making the stock its 27th largest position.

Other large investors have also recently made changes to their positions in the company. Almitas Capital LLC raised its stake in BlackRock ESG Capital Allocation Term Trust by 84.5% during the 2nd quarter. Almitas Capital LLC now owns 839,103 shares of the company’s stock valued at $14,718,000 after purchasing an additional 384,277 shares during the period. Sanctuary Advisors LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust during the 2nd quarter valued at approximately $5,867,000. Oppenheimer & Co. Inc. raised its position in shares of BlackRock ESG Capital Allocation Term Trust by 209.4% during the second quarter. Oppenheimer & Co. Inc. now owns 271,720 shares of the company’s stock valued at $4,766,000 after buying an additional 183,911 shares during the last quarter. US Bancorp DE purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter worth $426,000. Finally, Shaker Financial Services LLC bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter worth $275,000.

BlackRock ESG Capital Allocation Term Trust Trading Up 0.8 %

Shares of NYSE ECAT opened at $17.69 on Friday. BlackRock ESG Capital Allocation Term Trust has a 52-week low of $14.82 and a 52-week high of $18.14. The firm’s fifty day moving average is $17.48 and its two-hundred day moving average is $17.33.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $3.66 dividend on an annualized basis and a dividend yield of 20.69%.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.