Cetera Investment Advisers Sells 3,009 Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Cetera Investment Advisers decreased its position in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,537 shares of the company’s stock after selling 3,009 shares during the quarter. Cetera Investment Advisers owned about 0.06% of BlackRock Capital Allocation Term Trust worth $977,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Commonwealth Equity Services LLC grew its position in BlackRock Capital Allocation Term Trust by 0.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 227,639 shares of the company’s stock valued at $3,792,000 after purchasing an additional 1,950 shares during the period. Advisors Asset Management Inc. lifted its position in BlackRock Capital Allocation Term Trust by 9.1% in the first quarter. Advisors Asset Management Inc. now owns 189,291 shares of the company’s stock valued at $3,154,000 after purchasing an additional 15,763 shares during the last quarter. Alpine Global Management LLC raised its holdings in shares of BlackRock Capital Allocation Term Trust by 11.9% during the first quarter. Alpine Global Management LLC now owns 151,000 shares of the company’s stock valued at $2,516,000 after acquiring an additional 16,000 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of BlackRock Capital Allocation Term Trust by 4.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 133,238 shares of the company’s stock valued at $2,186,000 after acquiring an additional 5,438 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its holdings in shares of BlackRock Capital Allocation Term Trust by 4.0% during the second quarter. Blue Bell Private Wealth Management LLC now owns 104,722 shares of the company’s stock valued at $1,718,000 after acquiring an additional 4,059 shares in the last quarter. Institutional investors and hedge funds own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Price Performance

NYSE BCAT opened at $16.23 on Friday. BlackRock Capital Allocation Term Trust has a 12 month low of $13.67 and a 12 month high of $17.18. The stock’s fifty day moving average price is $16.36 and its 200-day moving average price is $16.26.

BlackRock Capital Allocation Term Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a dividend of $0.2871 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.45 annualized dividend and a dividend yield of 21.23%.

Insider Activity at BlackRock Capital Allocation Term Trust

In other BlackRock Capital Allocation Term Trust news, major shareholder Saba Capital Management, L.P. sold 166,128 shares of the firm’s stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $16.60, for a total value of $2,757,724.80. Following the transaction, the insider now directly owns 15,096,159 shares of the company’s stock, valued at approximately $250,596,239.40. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 656,472 shares of company stock valued at $10,825,615 over the last ninety days.

BlackRock Capital Allocation Term Trust Company Profile

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