Pathstone Holdings LLC Cuts Holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Pathstone Holdings LLC trimmed its position in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 10.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 734,842 shares of the company's stock after selling 88,754 shares during the period. Pathstone Holdings LLC owned 0.68% of BlackRock Capital Allocation Term Trust worth $11,218,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC bought a new position in shares of BlackRock Capital Allocation Term Trust during the fourth quarter valued at $36,000. Anfield Capital Management LLC bought a new position in BlackRock Capital Allocation Term Trust during the 4th quarter valued at about $56,000. MassMutual Private Wealth & Trust FSB bought a new stake in BlackRock Capital Allocation Term Trust during the fourth quarter worth about $112,000. Comerica Bank increased its holdings in shares of BlackRock Capital Allocation Term Trust by 27.1% during the fourth quarter. Comerica Bank now owns 10,126 shares of the company's stock worth $153,000 after buying an additional 2,157 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. bought a new position in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at approximately $158,000. Institutional investors and hedge funds own 36.12% of the company's stock.

BlackRock Capital Allocation Term Trust Price Performance

BlackRock Capital Allocation Term Trust stock traded up $0.01 on Wednesday, reaching $14.74. The company's stock had a trading volume of 159,600 shares, compared to its average volume of 449,257. BlackRock Capital Allocation Term Trust has a twelve month low of $12.91 and a twelve month high of $17.18. The business's fifty day moving average price is $14.36 and its 200 day moving average price is $15.23.

BlackRock Capital Allocation Term Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.2813 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.38 annualized dividend and a dividend yield of 22.90%.

BlackRock Capital Allocation Term Trust Company Profile

-