Commonwealth Equity Services LLC Grows Stake in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Commonwealth Equity Services LLC grew its position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 126.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,581 shares of the company’s stock after buying an additional 27,716 shares during the quarter. Commonwealth Equity Services LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $813,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ECAT. Wilmington Savings Fund Society FSB bought a new position in BlackRock ESG Capital Allocation Term Trust in the third quarter worth approximately $27,000. IFP Advisors Inc bought a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth $36,000. Fifth Third Bancorp purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth $74,000. Private Advisor Group LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at about $178,000. Finally, Wolverine Asset Management LLC purchased a new position in BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at about $213,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

BlackRock ESG Capital Allocation Term Trust stock opened at $15.98 on Thursday. The business has a fifty day moving average price of $16.49 and a 200-day moving average price of $16.98. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $15.26 and a 1-year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.3063 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $3.68 dividend on an annualized basis and a yield of 23.00%.

About BlackRock ESG Capital Allocation Term Trust

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.