Amplius Wealth Advisors LLC Has $417,000 Holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Amplius Wealth Advisors LLC trimmed its holdings in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 4.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,513 shares of the company’s stock after selling 1,152 shares during the period. Amplius Wealth Advisors LLC’s holdings in BlackRock Capital Allocation Term Trust were worth $417,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at approximately $112,000. Ashton Thomas Securities LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust during the third quarter valued at $156,000. Walleye Capital LLC bought a new position in BlackRock Capital Allocation Term Trust in the third quarter valued at about $234,000. B. Riley Wealth Advisors Inc. acquired a new stake in BlackRock Capital Allocation Term Trust in the third quarter worth about $238,000. Finally, Truist Financial Corp bought a new stake in BlackRock Capital Allocation Term Trust during the 2nd quarter worth about $319,000. Institutional investors and hedge funds own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Stock Up 0.6 %

Shares of NYSE BCAT opened at $15.67 on Tuesday. BlackRock Capital Allocation Term Trust has a 1 year low of $14.90 and a 1 year high of $17.18. The firm’s 50-day moving average is $15.82 and its 200-day moving average is $16.15.

BlackRock Capital Allocation Term Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a $0.2891 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.47 dividend on an annualized basis and a yield of 22.14%.

BlackRock Capital Allocation Term Trust Profile

–