CreativeOne Wealth LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 22,611 shares of the company's stock, valued at approximately $343,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cohen & Steers Inc. lifted its stake in shares of BlackRock Capital Allocation Term Trust by 30.0% in the 4th quarter. Cohen & Steers Inc. now owns 943,751 shares of the company's stock valued at $14,298,000 after purchasing an additional 218,000 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of BlackRock Capital Allocation Term Trust by 6.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 483,195 shares of the company's stock valued at $7,320,000 after acquiring an additional 29,826 shares in the last quarter. Raymond James Financial Inc. bought a new stake in BlackRock Capital Allocation Term Trust during the fourth quarter worth approximately $3,161,000. Invesco Ltd. grew its holdings in BlackRock Capital Allocation Term Trust by 3.5% during the fourth quarter. Invesco Ltd. now owns 1,311,945 shares of the company's stock valued at $19,876,000 after purchasing an additional 44,088 shares during the last quarter. Finally, Perennial Investment Advisors LLC bought a new position in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at approximately $552,000. Hedge funds and other institutional investors own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Stock Performance
NYSE:BCAT traded up $0.11 during midday trading on Friday, reaching $14.27. The stock had a trading volume of 186,527 shares, compared to its average volume of 429,356. BlackRock Capital Allocation Term Trust has a 1-year low of $12.91 and a 1-year high of $17.18. The firm's fifty day simple moving average is $14.55 and its 200-day simple moving average is $15.41.
BlackRock Capital Allocation Term Trust Cuts Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a $0.2848 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 23.95%.
BlackRock Capital Allocation Term Trust Company Profile
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