Advisors Asset Management Inc. Has $8.24 Million Position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Advisors Asset Management Inc. lowered its stake in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 13.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 464,437 shares of the company’s stock after selling 74,426 shares during the period. Advisors Asset Management Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $8,239,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Mather Group LLC. bought a new stake in BlackRock ESG Capital Allocation Term Trust in the third quarter worth $37,000. Whittier Trust Co. bought a new stake in BlackRock ESG Capital Allocation Term Trust in the second quarter worth $131,000. Shaker Financial Services LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust in the third quarter worth $275,000. PFG Investments LLC boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 17.4% in the second quarter. PFG Investments LLC now owns 18,200 shares of the company’s stock worth $319,000 after purchasing an additional 2,700 shares in the last quarter. Finally, Comerica Bank boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 4.7% in the first quarter. Comerica Bank now owns 19,896 shares of the company’s stock worth $345,000 after purchasing an additional 895 shares in the last quarter.

BlackRock ESG Capital Allocation Term Trust Stock Performance

ECAT stock opened at $17.04 on Thursday. BlackRock ESG Capital Allocation Term Trust has a 52-week low of $15.42 and a 52-week high of $18.14. The company has a 50-day moving average of $17.50 and a two-hundred day moving average of $17.40.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.305 per share. This represents a $3.66 dividend on an annualized basis and a yield of 21.48%. The ex-dividend date of this dividend is Friday, November 15th.

About BlackRock ESG Capital Allocation Term Trust

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.