Cutter & CO Brokerage Inc. Takes Position in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Posted by Patrick Bannon on Feb 27th, 2025

Cutter & CO Brokerage Inc. acquired a new stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,411 shares of the company’s stock, valued at approximately $158,000.

Several other institutional investors have also bought and sold shares of BCAT. MassMutual Private Wealth & Trust FSB bought a new position in BlackRock Capital Allocation Term Trust during the 4th quarter valued at $112,000. Ashton Thomas Securities LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the third quarter valued at $156,000. Private Advisor Group LLC bought a new position in BlackRock Capital Allocation Term Trust during the fourth quarter valued at about $158,000. Walleye Capital LLC acquired a new position in BlackRock Capital Allocation Term Trust during the third quarter worth about $234,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in BlackRock Capital Allocation Term Trust in the third quarter worth about $238,000. Institutional investors and hedge funds own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Price Performance

Shares of NYSE BCAT opened at $15.29 on Thursday. The firm has a 50-day moving average of $15.49 and a two-hundred day moving average of $15.98. BlackRock Capital Allocation Term Trust has a twelve month low of $15.00 and a twelve month high of $17.18.

BlackRock Capital Allocation Term Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.2882 per share. The ex-dividend date is Friday, February 14th. This is a positive change from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.46 annualized dividend and a yield of 22.62%.