CF Capital LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 495,100 shares of the company's stock, valued at approximately $7,501,000. BlackRock Capital Allocation Term Trust accounts for approximately 8.1% of CF Capital LLC's holdings, making the stock its 2nd largest holding. CF Capital LLC owned 0.46% of BlackRock Capital Allocation Term Trust as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. CIBC Private Wealth Group LLC acquired a new position in BlackRock Capital Allocation Term Trust during the 4th quarter worth approximately $36,000. Anfield Capital Management LLC purchased a new position in BlackRock Capital Allocation Term Trust in the fourth quarter valued at about $56,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $112,000. Comerica Bank increased its position in shares of BlackRock Capital Allocation Term Trust by 27.1% in the fourth quarter. Comerica Bank now owns 10,126 shares of the company's stock valued at $153,000 after buying an additional 2,157 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new position in BlackRock Capital Allocation Term Trust during the 4th quarter valued at about $158,000. Hedge funds and other institutional investors own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Price Performance
NYSE:BCAT traded up $0.06 during trading hours on Wednesday, reaching $14.73. 391,233 shares of the company traded hands, compared to its average volume of 439,379. BlackRock Capital Allocation Term Trust has a 1-year low of $12.91 and a 1-year high of $17.18. The firm's 50-day moving average is $14.41 and its 200-day moving average is $15.30.
BlackRock Capital Allocation Term Trust Cuts Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.2813 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 22.93%.
About BlackRock Capital Allocation Term Trust
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