Beckerman Institutional LLC Lowers Position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Beckerman Institutional LLC lessened its stake in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 32.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,585 shares of the company’s stock after selling 24,650 shares during the period. Beckerman Institutional LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $846,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Penserra Capital Management LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth approximately $16,053,000. Kovitz Investment Group Partners LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth approximately $6,005,000. Oppenheimer & Co. Inc. raised its stake in shares of BlackRock ESG Capital Allocation Term Trust by 1.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 274,525 shares of the company’s stock worth $4,870,000 after buying an additional 2,805 shares during the period. Flagship Harbor Advisors LLC raised its stake in shares of BlackRock ESG Capital Allocation Term Trust by 6.8% during the 4th quarter. Flagship Harbor Advisors LLC now owns 80,568 shares of the company’s stock worth $1,321,000 after buying an additional 5,131 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of BlackRock ESG Capital Allocation Term Trust by 10.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 27,541 shares of the company’s stock worth $452,000 after buying an additional 2,632 shares during the period.

BlackRock ESG Capital Allocation Term Trust Stock Up 0.2 %

Shares of ECAT stock opened at $16.98 on Thursday. The stock has a 50 day simple moving average of $16.83 and a 200-day simple moving average of $17.18. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $15.95 and a 1-year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.307 per share. This represents a $3.68 annualized dividend and a dividend yield of 21.70%. The ex-dividend date is Friday, February 14th.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.