Stifel Financial Corp Has $8.10 Million Stock Holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Stifel Financial Corp grew its holdings in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 534,778 shares of the company's stock after purchasing an additional 30,364 shares during the period. Stifel Financial Corp owned about 0.50% of BlackRock Capital Allocation Term Trust worth $8,102,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in BCAT. Virtu Financial LLC acquired a new stake in BlackRock Capital Allocation Term Trust during the third quarter worth about $427,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of BlackRock Capital Allocation Term Trust during the 3rd quarter worth approximately $238,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth approximately $112,000. Janney Montgomery Scott LLC boosted its position in shares of BlackRock Capital Allocation Term Trust by 13.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,150 shares of the company's stock worth $260,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new position in BlackRock Capital Allocation Term Trust in the fourth quarter valued at approximately $594,000. 36.12% of the stock is owned by institutional investors.

BlackRock Capital Allocation Term Trust Trading Up 0.5 %

Shares of BCAT stock traded up $0.08 during trading hours on Friday, reaching $14.81. The company's stock had a trading volume of 436,732 shares, compared to its average volume of 438,144. BlackRock Capital Allocation Term Trust has a fifty-two week low of $12.91 and a fifty-two week high of $17.18. The firm's 50 day simple moving average is $14.44 and its 200-day simple moving average is $15.32.

BlackRock Capital Allocation Term Trust Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th were given a $0.2848 dividend. This represents a $3.42 dividend on an annualized basis and a yield of 23.07%. The ex-dividend date of this dividend was Tuesday, April 15th.

BlackRock Capital Allocation Term Trust Company Profile

-