BlackRock Capital Allocation Term Trust (NYSE:BCAT) Sets New 1-Year Low – What’s Next?

Posted by Nicole Kennedy on Mar 12th, 2025

BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $14.96 and last traded at $15.02, with a volume of 620659 shares changing hands. The stock had previously closed at $15.19.

BlackRock Capital Allocation Term Trust Price Performance

The stock has a 50-day simple moving average of $15.47 and a 200-day simple moving average of $15.92.

BlackRock Capital Allocation Term Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.2872 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.45 annualized dividend and a yield of 22.79%. This is a positive change from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10.

Institutional Investors Weigh In On BlackRock Capital Allocation Term Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Penserra Capital Management LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust in the third quarter worth about $15,901,000. Wolverine Asset Management LLC bought a new position in BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $1,249,000. Walleye Capital LLC purchased a new position in BlackRock Capital Allocation Term Trust in the 3rd quarter valued at approximately $234,000. Winebrenner Capital Management LLC bought a new stake in BlackRock Capital Allocation Term Trust during the 4th quarter valued at $682,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of BlackRock Capital Allocation Term Trust during the fourth quarter worth $594,000. 36.12% of the stock is currently owned by institutional investors.