BlackRock Capital Allocation Term Trust (NYSE:BCAT) Sets New 1-Year Low – Here’s What Happened

Posted by Jeff Wilder on Mar 28th, 2025

Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $14.46 and last traded at $14.51, with a volume of 310923 shares. The stock had previously closed at $14.58.

BlackRock Capital Allocation Term Trust Trading Down 0.9 %

The firm’s fifty day moving average is $15.28 and its 200 day moving average is $15.79.

BlackRock Capital Allocation Term Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.2872 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.45 dividend on an annualized basis and a yield of 24.04%.

Institutional Investors Weigh In On BlackRock Capital Allocation Term Trust

Large investors have recently modified their holdings of the business. Thrivent Financial for Lutherans acquired a new position in shares of BlackRock Capital Allocation Term Trust during the third quarter worth $398,000. Walleye Capital LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust in the third quarter worth about $234,000. Virtu Financial LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust during the 3rd quarter valued at about $427,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 3rd quarter valued at about $238,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $112,000. Institutional investors own 36.12% of the company’s stock.