LPL Financial LLC boosted its holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 58.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 189,656 shares of the company's stock after acquiring an additional 70,021 shares during the period. LPL Financial LLC owned 0.18% of BlackRock Capital Allocation Term Trust worth $2,731,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its holdings in BlackRock Capital Allocation Term Trust by 1.9% in the 4th quarter. Ameriprise Financial Inc. now owns 44,528 shares of the company's stock valued at $675,000 after buying an additional 844 shares in the last quarter. Amplius Wealth Advisors LLC grew its holdings in BlackRock Capital Allocation Term Trust by 5.4% in the 1st quarter. Amplius Wealth Advisors LLC now owns 29,005 shares of the company's stock valued at $418,000 after buying an additional 1,492 shares in the last quarter. Cerity Partners LLC grew its holdings in BlackRock Capital Allocation Term Trust by 4.6% in the 1st quarter. Cerity Partners LLC now owns 41,832 shares of the company's stock valued at $602,000 after buying an additional 1,832 shares in the last quarter. Comerica Bank grew its holdings 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 buying an additional 2,157 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new position in BlackRock Capital Allocation Term Trust in the 1st quarter valued at $32,000. Institutional investors own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Stock Performance
NYSE BCAT traded up $0.2450 on Friday, reaching $14.8050. The stock had a trading volume of 684,091 shares, compared to its average volume of 533,466. The firm has a fifty day moving average of $14.97 and a two-hundred day moving average of $14.84. BlackRock Capital Allocation Term Trust has a 1-year low of $12.91 and a 1-year high of $16.80.
BlackRock Capital Allocation Term Trust Cuts Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a $0.2724 dividend. This represents a c) dividend on an annualized basis and a yield of 22.1%. The ex-dividend date of this dividend is Friday, August 15th.
BlackRock Capital Allocation Term Trust Company Profile
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