BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Shares Sold by Calton & Associates Inc.

Calton & Associates Inc. reduced its stake in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 9.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 15,183 shares of the company’s stock after selling 1,548 shares during the quarter. Calton & Associates Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $264,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Americana Partners LLC grew its holdings in BlackRock ESG Capital Allocation Term Trust by 0.4% during the 4th quarter. Americana Partners LLC now owns 145,725 shares of the company’s stock worth $2,351,000 after acquiring an additional 646 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 791.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,782 shares of the company’s stock valued at $29,000 after buying an additional 1,582 shares during the period. Northwest Financial Advisors acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter valued at about $27,000. D.A. Davidson & CO. boosted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 6.3% in the 4th quarter. D.A. Davidson & CO. now owns 33,830 shares of the company’s stock valued at $546,000 after buying an additional 2,000 shares during the period. Finally, Toroso Investments LLC boosted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 4.2% in the 3rd quarter. Toroso Investments LLC now owns 58,735 shares of the company’s stock valued at $869,000 after buying an additional 2,345 shares during the period.

BlackRock ESG Capital Allocation Term Trust Stock Up 0.2 %

NYSE ECAT opened at $17.57 on Friday. BlackRock ESG Capital Allocation Term Trust has a one year low of $14.02 and a one year high of $17.99. The company has a 50-day simple moving average of $17.12 and a 200-day simple moving average of $16.80.

BlackRock ESG Capital Allocation Term Trust Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a $0.297 dividend. The ex-dividend date was Friday, June 14th. This is a positive change from BlackRock ESG Capital Allocation Term Trust’s previous monthly dividend of $0.15. This represents a $3.56 annualized dividend and a dividend yield of 20.28%.

Insider Activity

In other BlackRock ESG Capital Allocation Term Trust news, major shareholder Saba Capital Management, L.P. purchased 55,980 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was acquired at an average cost of $17.34 per share, with a total value of $970,693.20. Following the acquisition, the insider now owns 28,552,727 shares of the company’s stock, valued at approximately $495,104,286.18. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

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.