Advisor Resource Council purchased a new stake in BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 102,944 shares of the company's stock, valued at approximately $1,482,000. Advisor Resource Council owned approximately 0.10% of BlackRock Capital Allocation Term Trust as of its most recent SEC filing.
A number of other large investors have also modified their holdings of BCAT. Insigneo Advisory Services LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the first quarter worth approximately $225,000. Noble Wealth Management PBC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 1st quarter worth approximately $32,000. SOA Wealth Advisors LLC. acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 1st quarter worth approximately $1,081,000. Amplius Wealth Advisors LLC raised its stake in shares of BlackRock Capital Allocation Term Trust by 5.4% during the first quarter. Amplius Wealth Advisors LLC now owns 29,005 shares of the company's stock worth $418,000 after buying an additional 1,492 shares during the last quarter. Finally, NBC Securities Inc. lifted its holdings in BlackRock Capital Allocation Term Trust by 151,600.0% in the first quarter. NBC Securities Inc. now owns 3,034 shares of the company's stock valued at $43,000 after buying an additional 3,032 shares during the period. 36.12% of the stock is currently owned by institutional investors and hedge funds.
BlackRock Capital Allocation Term Trust Price Performance
BCAT traded down $0.07 during trading on Friday, reaching $14.76. 256,811 shares of the company's stock were exchanged, compared to its average volume of 454,044. The company's fifty day moving average price is $14.67 and its 200-day moving average price is $15.03. BlackRock Capital Allocation Term Trust has a fifty-two week low of $12.91 and a fifty-two week high of $17.06.
BlackRock Capital Allocation Term Trust Cuts Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $0.2782 dividend. This represents a $3.34 dividend on an annualized basis and a dividend yield of 22.63%. The ex-dividend date of this dividend is Friday, June 13th.
BlackRock Capital Allocation Term Trust Company Profile
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