SOA Wealth Advisors LLC. bought a new stake in BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 75,069 shares of the company's stock, valued at approximately $1,081,000. SOA Wealth Advisors LLC. owned 0.07% of BlackRock Capital Allocation Term Trust as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at $36,000. NBC Securities Inc. grew its position in BlackRock Capital Allocation Term Trust by 151,600.0% in the 1st quarter. NBC Securities Inc. now owns 3,034 shares of the company's stock valued at $43,000 after acquiring an additional 3,032 shares in the last quarter. Anfield Capital Management LLC purchased a new stake in BlackRock Capital Allocation Term Trust during the fourth quarter worth about $56,000. Comerica Bank lifted its position in shares of BlackRock Capital Allocation Term Trust by 27.1% during the fourth quarter. Comerica Bank now owns 10,126 shares of the company's stock worth $153,000 after purchasing an additional 2,157 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. purchased a new position in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at approximately $158,000. 36.12% of the stock is currently owned by institutional investors and hedge funds.
BlackRock Capital Allocation Term Trust Trading Down 0.5%
Shares of BCAT stock traded down $0.08 during trading on Wednesday, reaching $15.15. The company's stock had a trading volume of 712,167 shares, compared to its average volume of 449,450. BlackRock Capital Allocation Term Trust has a 1-year low of $12.91 and a 1-year high of $17.06. The stock's 50-day moving average price is $14.47 and its 200 day moving average price is $15.10.
BlackRock Capital Allocation Term Trust Cuts Dividend
The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 22.04%. The ex-dividend date is Friday, June 13th.
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