Arete Wealth Advisors LLC Acquires 708 Shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Arete Wealth Advisors LLC boosted its stake in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 5.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,157 shares of the company’s stock after purchasing an additional 708 shares during the period. Arete Wealth Advisors LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $251,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in BlackRock ESG Capital Allocation Term Trust during the third quarter worth about $37,000. Whittier Trust Co. bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 2nd quarter valued at $131,000. Shaker Financial Services LLC bought a new position in BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth $275,000. PFG Investments LLC increased its position 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 buying an additional 2,700 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of 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 during the period.

BlackRock ESG Capital Allocation Term Trust Price Performance

ECAT opened at $17.46 on Friday. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $15.52 and a 52 week high of $18.14. The firm has a 50-day simple moving average of $17.45 and a two-hundred day simple moving average of $17.41.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a dividend of $0.305 per share. This represents a $3.66 annualized dividend and a yield of 20.96%. The ex-dividend date of this dividend was Friday, November 15th.

BlackRock ESG Capital Allocation Term Trust 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.