Oppenheimer & Co. Inc. Has $4.77 Million Stock Holdings in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Oppenheimer & Co. Inc. raised its position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 209.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 271,720 shares of the company’s stock after acquiring an additional 183,911 shares during the period. Oppenheimer & Co. Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $4,766,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ECAT. Comerica Bank boosted its position in shares of BlackRock ESG Capital Allocation Term Trust by 4.7% during the 1st quarter. Comerica Bank now owns 19,896 shares of the company’s stock valued at $345,000 after acquiring an additional 895 shares in the last quarter. Virtu Financial LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at approximately $372,000. Whittier Trust Co. bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 2nd quarter valued at approximately $131,000. D.A. Davidson & CO. raised 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 worth $546,000 after buying an additional 2,000 shares in the last quarter. Finally, Cape Investment Advisory Inc. bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth approximately $98,000.

BlackRock ESG Capital Allocation Term Trust Stock Up 1.3 %

Shares of ECAT stock opened at $17.81 on Friday. The stock’s fifty day simple moving average is $17.33 and its 200 day simple moving average is $17.15. BlackRock ESG Capital Allocation Term Trust has a one year low of $14.02 and a one year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a $0.3012 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $3.61 annualized dividend and a dividend yield of 20.29%.

BlackRock ESG Capital Allocation Term Trust 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.