Claro Advisors LLC Sells 1,934 Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Claro Advisors LLC lessened its position in BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 10.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,802 shares of the company’s stock after selling 1,934 shares during the period. Claro Advisors LLC’s holdings in BlackRock Capital Allocation Term Trust were worth $263,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. UBS Group AG increased its stake in shares of BlackRock Capital Allocation Term Trust by 8.2% in the fourth quarter. UBS Group AG now owns 1,543,167 shares of the company’s stock valued at $23,070,000 after buying an additional 116,638 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of BlackRock Capital Allocation Term Trust by 0.9% during the fourth quarter. Wells Fargo & Company MN now owns 495,095 shares of the company’s stock worth $7,402,000 after purchasing an additional 4,437 shares during the period. Stifel Financial Corp grew its stake in shares of BlackRock Capital Allocation Term Trust by 30.3% in the fourth quarter. Stifel Financial Corp now owns 488,792 shares of the company’s stock worth $7,307,000 after purchasing an additional 113,628 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in BlackRock Capital Allocation Term Trust in the fourth quarter valued at $1,793,000. Finally, Advisor Resource Council acquired a new stake in BlackRock Capital Allocation Term Trust in the fourth quarter valued at $1,564,000. 36.12% of the stock is currently owned by institutional investors.

BlackRock Capital Allocation Term Trust Stock Up 1.2 %

Shares of NYSE:BCAT opened at $16.61 on Tuesday. The business has a fifty day simple moving average of $16.18 and a 200 day simple moving average of $15.74. BlackRock Capital Allocation Term Trust has a 12-month low of $13.67 and a 12-month high of $17.18.

BlackRock Capital Allocation Term Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 20.59%. This is an increase from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Friday, June 14th.

About BlackRock Capital Allocation Term Trust

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