BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report)'s share price reached a new 52-week low on Tuesday . The company traded as low as $14.62 and last traded at $14.62, with a volume of 240692 shares trading hands. The stock had previously closed at $14.82.
BlackRock Capital Allocation Term Trust Stock Performance
The stock's 50-day moving average price is $15.37 and its two-hundred day moving average price is $15.84.
BlackRock Capital Allocation Term Trust Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.2872 per share. This is a boost from BlackRock Capital Allocation Term Trust's previous monthly dividend of $0.10. This represents a $3.45 dividend on an annualized basis and a dividend yield of 23.54%. The ex-dividend date is Friday, March 14th.
Institutional Trading of BlackRock Capital Allocation Term Trust
A number of institutional investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC purchased a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $36,000. Anfield Capital Management LLC purchased a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $56,000. MassMutual Private Wealth & Trust FSB purchased a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $112,000. Comerica Bank lifted its stake in BlackRock Capital Allocation Term Trust by 27.1% in the 4th quarter. Comerica Bank now owns 10,126 shares of the company's stock worth $153,000 after purchasing an additional 2,157 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. purchased a new stake in BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $158,000. 36.12% of the stock is currently owned by hedge funds and other institutional investors.
BlackRock Capital Allocation Term Trust Company Profile
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