Jane Street Group LLC boosted its holdings in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 176.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,496 shares of the company's stock after acquiring an additional 32,216 shares during the quarter. Jane Street Group LLC's holdings in BlackRock Capital Allocation Term Trust were worth $765,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its position in BlackRock Capital Allocation Term Trust by 13.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 17,150 shares of the company's stock worth $260,000 after purchasing an additional 2,000 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth $594,000. Joseph P. Lucia & Associates LLC bought a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth $255,000. Mathes Company Inc. grew its stake in BlackRock Capital Allocation Term Trust by 13.8% in the 4th quarter. Mathes Company Inc. now owns 109,800 shares of the company's stock valued at $1,663,000 after buying an additional 13,300 shares during the last quarter. Finally, Private Advisor Group LLC bought a new position in BlackRock Capital Allocation Term Trust in the 4th quarter worth $158,000. Hedge funds and other institutional investors own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Stock Up 0.7%
BCAT stock traded up $0.10 during mid-day trading on Thursday, reaching $14.85. 151,828 shares of the stock traded hands, compared to its average volume of 442,070. The business has a 50-day moving average of $14.36 and a two-hundred day moving average of $15.17. BlackRock Capital Allocation Term Trust has a 52 week low of $12.91 and a 52 week high of $17.06.
BlackRock Capital Allocation Term Trust Cuts Dividend
The firm also recently announced 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. This represents a $3.38 dividend on an annualized basis and a yield of 22.73%. The ex-dividend date of this dividend is Thursday, May 15th.
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