Jane Street Group LLC boosted its holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 176.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Cohen & Steers Inc. boosted its stake in shares of BlackRock Capital Allocation Term Trust by 30.0% during the 4th quarter. Cohen & Steers Inc. now owns 943,751 shares of the company's stock worth $14,298,000 after acquiring an additional 218,000 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of BlackRock Capital Allocation Term Trust during the fourth quarter valued at $3,161,000. Wolverine Asset Management LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at $1,249,000. Winebrenner Capital Management LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at $682,000. Finally, Invesco Ltd. increased its stake in BlackRock Capital Allocation Term Trust by 3.5% in the 4th quarter. Invesco Ltd. now owns 1,311,945 shares of the company's stock worth $19,876,000 after purchasing an additional 44,088 shares in the last quarter. 36.12% of the stock is owned by institutional investors and hedge funds.
BlackRock Capital Allocation Term Trust Price Performance
NYSE BCAT traded up $0.18 on Tuesday, hitting $14.79. 461,963 shares of the company were exchanged, compared to its average volume of 445,934. BlackRock Capital Allocation Term Trust has a twelve month low of $12.91 and a twelve month high of $17.17. The company's 50 day moving average price is $14.36 and its 200-day moving average price is $15.18.
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 22.83%.
About BlackRock Capital Allocation Term Trust
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