Integrated Wealth Concepts LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 25,050 shares of the company's stock, valued at approximately $380,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. CIBC Private Wealth Group LLC bought a new position in BlackRock Capital Allocation Term Trust during the fourth quarter worth $36,000. Anfield Capital Management LLC bought a new position in shares of BlackRock Capital Allocation Term Trust during the fourth quarter valued at about $56,000. MassMutual Private Wealth & Trust FSB bought a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter worth about $112,000. Cutter & CO Brokerage Inc. bought a new position in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth approximately $158,000. Finally, Private Advisor Group LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $158,000. Institutional investors own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Stock Up 0.4 %
Shares of BlackRock Capital Allocation Term Trust stock traded up $0.06 on Friday, reaching $14.82. 143,912 shares of the company traded hands, compared to its average volume of 439,019. The company has a 50 day moving average of $14.39 and a 200 day moving average of $15.29. BlackRock Capital Allocation Term Trust has a 52 week low of $12.91 and a 52 week high of $17.18.
BlackRock Capital Allocation Term Trust Cuts Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a $0.2813 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 22.78%.
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