BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Position Trimmed by Advisors Asset Management Inc.

Posted by Steve Reilly on Nov 21st, 2024

Advisors Asset Management Inc. trimmed its holdings in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT – Free Report) by 13.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 464,437 shares of the company’s stock after selling 74,426 shares during the period. Advisors Asset Management Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $8,239,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Kovack Advisors Inc. bought a new stake in BlackRock ESG Capital Allocation Term Trust during the third quarter worth approximately $444,000. Oppenheimer & Co. Inc. boosted its stake in BlackRock ESG Capital Allocation Term Trust by 1.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 274,525 shares of the company’s stock worth $4,870,000 after purchasing an additional 2,805 shares during the period. Beckerman Institutional LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth approximately $1,352,000. Shaker Financial Services LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth approximately $275,000. Finally, US Bancorp DE acquired a new position in BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth approximately $426,000.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.4 %

BlackRock ESG Capital Allocation Term Trust stock opened at $17.04 on Thursday. The company has a 50 day moving average price of $17.50 and a 200 day moving average price of $17.40. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $15.42 and a 52 week high of $18.14.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.305 dividend. This represents a $3.66 dividend on an annualized basis and a yield of 21.48%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock ESG Capital Allocation Term Trust Profile

(Free Report)

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.