Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report) reached a new 52-week low on Monday . The company traded as low as $12.91 and last traded at $12.97, with a volume of 143967 shares. The stock had previously closed at $13.65.
BlackRock Capital Allocation Term Trust Stock Up 2.1 %
The business has a 50 day moving average of $14.87 and a two-hundred day moving average of $15.56.
BlackRock Capital Allocation Term Trust Cuts Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a $0.2848 dividend. This represents a $3.42 annualized dividend and a dividend yield of 24.27%. The ex-dividend date of this dividend is Tuesday, April 15th.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Amplius Wealth Advisors LLC grew its position in shares of BlackRock Capital Allocation Term Trust by 5.4% in the first quarter. Amplius Wealth Advisors LLC now owns 29,005 shares of the company's stock valued at $418,000 after purchasing an additional 1,492 shares during the last quarter. NBC Securities Inc. boosted its stake in BlackRock Capital Allocation Term Trust by 151,600.0% in the 1st quarter. NBC Securities Inc. now owns 3,034 shares of the company's stock valued at $43,000 after purchasing an additional 3,032 shares during the period. Elequin Capital LP acquired a new position in BlackRock Capital Allocation Term Trust in the 4th quarter valued at $162,000. Cetera Investment Advisers increased its position in BlackRock Capital Allocation Term Trust by 11.8% during the 4th quarter. Cetera Investment Advisers now owns 39,302 shares of the company's stock worth $595,000 after buying an additional 4,163 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the fourth quarter worth $221,000. Institutional investors and hedge funds own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Company Profile
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