Dakota Wealth Management Trims Stock Position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Dakota Wealth Management lessened its holdings in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 9.1% during the 3rd quarter, Holdings Channel reports. The firm owned 38,961 shares of the company’s stock after selling 3,902 shares during the quarter. Dakota Wealth Management’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $691,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter valued at about $37,000. Whittier Trust Co. purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the second quarter valued at approximately $131,000. PFG Investments LLC lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 17.4% during the second quarter. PFG Investments LLC now owns 18,200 shares of the company’s stock valued at $319,000 after buying an additional 2,700 shares during the period. Comerica Bank lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 4.7% during the first quarter. Comerica Bank now owns 19,896 shares of the company’s stock valued at $345,000 after buying an additional 895 shares during the period. Finally, Truist Financial Corp lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 9.8% during the second quarter. Truist Financial Corp now owns 27,457 shares of the company’s stock valued at $482,000 after buying an additional 2,460 shares during the period.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of ECAT opened at $17.14 on Monday. The company’s 50 day simple moving average is $17.52 and its 200 day simple moving average is $17.27. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $14.02 and a 1 year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.3016 per share. This represents a $3.62 annualized dividend and a dividend yield of 21.11%. The ex-dividend date is Tuesday, October 15th.

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.