Blue Bell Private Wealth Management LLC cut its stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 71.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,301 shares of the company's stock after selling 30,085 shares during the period. Blue Bell Private Wealth Management LLC's holdings in BlackRock Capital Allocation Term Trust were worth $186,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fountainhead AM LLC boosted its holdings in shares of BlackRock Capital Allocation Term Trust by 2.1% in the third quarter. Fountainhead AM LLC now owns 53,570 shares of the company's stock worth $881,000 after buying an additional 1,095 shares during the last quarter. Prospera Financial Services Inc boosted its stake in shares of BlackRock Capital Allocation Term Trust by 5.0% during the 3rd quarter. Prospera Financial Services Inc now owns 23,693 shares of the company's stock worth $390,000 after acquiring an additional 1,137 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of BlackRock Capital Allocation Term Trust by 13.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,150 shares of the company's stock valued at $260,000 after acquiring an additional 2,000 shares during the period. Anfield Capital Management LLC bought a new stake in shares of BlackRock Capital Allocation Term Trust during the 4th quarter valued at $56,000. Finally, Oppenheimer & Co. Inc. increased its stake in shares of BlackRock Capital Allocation Term Trust by 10.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 57,248 shares of the company's stock worth $942,000 after purchasing an additional 5,618 shares in the last quarter. 36.12% of the stock is owned by institutional investors.
BlackRock Capital Allocation Term Trust Stock Performance
NYSE BCAT remained flat at $15.00 on Tuesday. The company had a trading volume of 640,586 shares, compared to its average volume of 405,598. The business has a 50-day simple moving average of $15.47 and a 200 day simple moving average of $15.93. BlackRock Capital Allocation Term Trust has a 12 month low of $14.91 and a 12 month high of $17.18.
BlackRock Capital Allocation Term Trust Increases Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given 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 22.98%. The ex-dividend date of this dividend is Friday, March 14th.
BlackRock Capital Allocation Term Trust Company Profile
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