BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report) announced a monthly dividend on Tuesday, September 2nd. Stockholders of record on Monday, September 15th will be given a dividend of 0.2699 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 21.3%. The ex-dividend date of this dividend is Monday, September 15th.
BlackRock Capital Allocation Term Trust Stock Down 0.2%
Shares of BCAT stock traded down $0.03 during trading hours on Tuesday, reaching $15.20. The company had a trading volume of 377,935 shares, compared to its average volume of 529,855. The business has a fifty day simple moving average of $14.98 and a 200-day simple moving average of $14.78. BlackRock Capital Allocation Term Trust has a 12 month low of $12.91 and a 12 month high of $16.80.
Institutional Investors Weigh In On BlackRock Capital Allocation Term Trust
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Comerica Bank increased its holdings in BlackRock Capital Allocation Term Trust by 6.7% during the 1st quarter. Comerica Bank now owns 10,805 shares of the company's stock valued at $156,000 after purchasing an additional 679 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of BlackRock Capital Allocation Term Trust by 1.9% during the fourth quarter. Ameriprise Financial Inc. now owns 44,528 shares of the company's stock valued at $675,000 after acquiring an additional 844 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in BlackRock Capital Allocation Term Trust by 83.3% in the second quarter. AdvisorNet Financial Inc now owns 1,947 shares of the company's stock worth $29,000 after acquiring an additional 885 shares during the period. Amplius Wealth Advisors LLC boosted its holdings in BlackRock Capital Allocation Term Trust by 5.4% in the first quarter. Amplius Wealth Advisors LLC now owns 29,005 shares of the company's stock valued at $418,000 after acquiring an additional 1,492 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in BlackRock Capital Allocation Term Trust by 341.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,045 shares of the company's stock valued at $31,000 after purchasing an additional 1,582 shares during the period. 36.12% of the stock is currently owned by institutional investors.
BlackRock Capital Allocation Term Trust Company Profile
(
Get Free Report)
-
Featured Articles
Before you consider BlackRock Capital Allocation Term Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock Capital Allocation Term Trust wasn't on the list.
While BlackRock Capital Allocation Term Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
