SOA Wealth Advisors LLC. acquired 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 13F filing with the SEC. The firm acquired 75,069 shares of the company's stock, valued at approximately $1,081,000. SOA Wealth Advisors LLC. owned approximately 0.07% of BlackRock Capital Allocation Term Trust at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BCAT. CIBC Private Wealth Group LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth approximately $36,000. NBC Securities Inc. grew its position in shares of BlackRock Capital Allocation Term Trust by 151,600.0% during the 1st quarter. NBC Securities Inc. now owns 3,034 shares of the company's stock worth $43,000 after buying an additional 3,032 shares during the period. Anfield Capital Management LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth approximately $56,000. Comerica Bank grew its position in shares of BlackRock Capital Allocation Term Trust by 27.1% during the 4th quarter. Comerica Bank now owns 10,126 shares of the company's stock worth $153,000 after buying an additional 2,157 shares during the period. Finally, Cutter & CO Brokerage Inc. acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth approximately $158,000. Institutional investors and hedge funds own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Trading Up 0.2%
Shares of NYSE:BCAT opened at $15.22 on Friday. BlackRock Capital Allocation Term Trust has a one year low of $12.91 and a one year high of $17.06. The company has a 50 day moving average of $14.44 and a 200-day moving average of $15.11.
BlackRock Capital Allocation Term Trust Cuts Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.2782 per share. This represents a $3.34 annualized dividend and a dividend yield of 21.94%. The ex-dividend date of this dividend is Friday, June 13th.
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