Sanctuary Advisors LLC Sells 35,195 Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Sanctuary Advisors LLC lessened its holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 25.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 104,707 shares of the company’s stock after selling 35,195 shares during the quarter. Sanctuary Advisors LLC owned 0.10% of BlackRock Capital Allocation Term Trust worth $1,623,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB acquired a new stake in BlackRock Capital Allocation Term Trust in the fourth quarter valued at about $112,000. Ashton Thomas Securities LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the 3rd quarter valued at approximately $156,000. Walleye Capital LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the 3rd quarter valued at approximately $234,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of BlackRock Capital Allocation Term Trust during the 3rd quarter valued at approximately $238,000. Finally, Joseph P. Lucia & Associates LLC acquired a new position in BlackRock Capital Allocation Term Trust during the 4th quarter worth approximately $255,000. Institutional investors own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Stock Performance

Shares of BlackRock Capital Allocation Term Trust stock opened at $15.32 on Tuesday. The company’s 50 day moving average price is $15.50 and its two-hundred day moving average price is $16.00. BlackRock Capital Allocation Term Trust has a fifty-two week low of $15.00 and a fifty-two week high of $17.18.

BlackRock Capital Allocation Term Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.2882 per share. This is an increase from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. The ex-dividend date is Friday, February 14th. This represents a $3.46 annualized dividend and a dividend yield of 22.58%.

BlackRock Capital Allocation Term Trust Company Profile

–