Jane Street Group LLC boosted its position in BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 176.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 50,496 shares of the company's stock after purchasing an additional 32,216 shares during the period. Jane Street Group LLC's holdings in BlackRock Capital Allocation Term Trust were worth $765,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC lifted its stake in BlackRock Capital Allocation Term Trust by 13.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 17,150 shares of the company's stock valued at $260,000 after purchasing an additional 2,000 shares during the last quarter. Comerica Bank lifted its stake in BlackRock Capital Allocation Term Trust by 27.1% in the 4th quarter. Comerica Bank now owns 10,126 shares of the company's stock valued at $153,000 after purchasing an additional 2,157 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $36,000. Anfield Capital Management LLC acquired a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $56,000. Finally, First Trust Advisors LP lifted its stake in BlackRock Capital Allocation Term Trust by 4.9% in the 4th quarter. First Trust Advisors LP now owns 113,619 shares of the company's stock valued at $1,721,000 after purchasing an additional 5,300 shares during the last quarter. 36.12% of the stock is currently owned by institutional investors and hedge funds.
BlackRock Capital Allocation Term Trust Stock Up 0.3%
BlackRock Capital Allocation Term Trust stock traded up $0.05 during trading hours on Thursday, hitting $14.80. The company had a trading volume of 520,675 shares, compared to its average volume of 442,636. BlackRock Capital Allocation Term Trust has a one year low of $12.91 and a one year high of $17.06. The firm has a 50-day moving average of $14.37 and a 200 day moving average of $15.16.
BlackRock Capital Allocation Term Trust Cuts Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a $0.2813 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.38 annualized dividend and a yield of 22.82%.
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