BlackRock Capital Allocation Term Trust (NYSE:BCAT) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its position in BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 179,733 shares of the company’s stock after selling 23,355 shares during the quarter. Commonwealth Equity Services LLC owned about 0.17% of BlackRock Capital Allocation Term Trust worth $2,723,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Anfield Capital Management LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth about $56,000. MassMutual Private Wealth & Trust FSB purchased a new position in BlackRock Capital Allocation Term Trust in the fourth quarter valued at $112,000. Cutter & CO Brokerage Inc. acquired a new position in BlackRock Capital Allocation Term Trust in the fourth quarter valued at approximately $158,000. Private Advisor Group LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at $158,000. Finally, Walleye Capital LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust during the third quarter worth about $234,000. Institutional investors and hedge funds own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Price Performance

Shares of BlackRock Capital Allocation Term Trust stock opened at $14.45 on Thursday. The company’s fifty day moving average is $15.30 and its two-hundred day moving average is $15.80. BlackRock Capital Allocation Term Trust has a 1 year low of $14.44 and a 1 year high of $17.18.

BlackRock Capital Allocation Term Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.2872 per share. The ex-dividend date is Friday, March 14th. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.45 dividend on an annualized basis and a dividend yield of 23.85%.

About BlackRock Capital Allocation Term Trust

–