Rockefeller Capital Management L.P. Acquires 29,826 Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Rockefeller Capital Management L.P. boosted its holdings in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 6.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 483,195 shares of the company's stock after acquiring an additional 29,826 shares during the period. Rockefeller Capital Management L.P. owned 0.45% of BlackRock Capital Allocation Term Trust worth $7,320,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in BCAT. Janney Montgomery Scott LLC grew its stake in shares of 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. CIBC Private Wealth Group LLC bought a new position in BlackRock Capital Allocation Term Trust during the fourth quarter worth about $36,000. Anfield Capital Management LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth about $56,000. Advisors Asset Management Inc. increased its stake in shares of BlackRock Capital Allocation Term Trust by 3.2% in the 4th quarter. Advisors Asset Management Inc. now owns 192,327 shares of the company's stock valued at $2,914,000 after acquiring an additional 6,025 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at approximately $112,000. Institutional investors own 36.12% of the company's stock.

BlackRock Capital Allocation Term Trust Stock Up 1.5 %

NYSE BCAT traded up $0.20 during trading on Tuesday, reaching $13.78. 359,676 shares of the stock traded hands, compared to its average volume of 428,084. BlackRock Capital Allocation Term Trust has a fifty-two week low of $12.91 and a fifty-two week high of $17.18. The stock's 50-day moving average price is $14.61 and its 200 day moving average price is $15.44.

BlackRock Capital Allocation Term Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a $0.2848 dividend. This represents a $3.42 annualized dividend and a dividend yield of 24.80%. The ex-dividend date is Tuesday, April 15th.

BlackRock Capital Allocation Term Trust Company Profile

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