BlackRock Capital Allocation Term Trust (NYSE:BCAT) Shares Sold by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC trimmed its holdings in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 71.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,301 shares of the company’s stock after selling 30,085 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in BlackRock Capital Allocation Term Trust were worth $186,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Penserra Capital Management LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 3rd quarter worth about $15,901,000. Wolverine Asset Management LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth about $1,249,000. Walleye Capital LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 3rd quarter worth about $234,000. Winebrenner Capital Management LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth about $682,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter worth about $594,000. 36.12% of the stock is owned by institutional investors and hedge funds.

BlackRock Capital Allocation Term Trust Stock Down 0.1 %

NYSE BCAT opened at $15.17 on Friday. The stock has a 50-day moving average of $15.47 and a two-hundred day moving average of $15.96. BlackRock Capital Allocation Term Trust has a 1-year low of $15.00 and a 1-year high of $17.18.

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 $0.2872 dividend. This is an increase from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.45 annualized dividend and a yield of 22.72%. The ex-dividend date is Friday, March 14th.

BlackRock Capital Allocation Term Trust Profile

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