Journey Strategic Wealth LLC Sells 10,000 Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Posted by on Feb 4th, 2025

Journey Strategic Wealth LLC decreased its holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report) by 47.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,000 shares of the company’s stock after selling 10,000 shares during the quarter. Journey Strategic Wealth LLC’s holdings in BlackRock Capital Allocation Term Trust were worth $167,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB purchased a new position in BlackRock Capital Allocation Term Trust during the fourth quarter valued at approximately $112,000. Ashton Thomas Securities LLC purchased a new position in BlackRock Capital Allocation Term Trust during the third quarter valued at approximately $156,000. Walleye Capital LLC purchased a new position in BlackRock Capital Allocation Term Trust during the third quarter valued at approximately $234,000. B. Riley Wealth Advisors Inc. purchased a new position in BlackRock Capital Allocation Term Trust during the third quarter valued at approximately $238,000. Finally, Joseph P. Lucia & Associates LLC purchased a new position in BlackRock Capital Allocation Term Trust during the fourth quarter valued at approximately $255,000. Hedge funds and other institutional investors own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Stock Down 0.1 %

Shares of NYSE:BCAT opened at $15.44 on Tuesday. BlackRock Capital Allocation Term Trust has a 1-year low of $15.00 and a 1-year high of $17.18. The firm’s 50 day simple moving average is $15.70 and its two-hundred day simple moving average is $16.06.

BlackRock Capital Allocation Term Trust Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a dividend of $0.2891 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $3.47 annualized dividend and a yield of 22.47%. This is an increase from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10.

BlackRock Capital Allocation Term Trust Profile

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Institutional Ownership by Quarter for BlackRock Capital Allocation Term Trust (NYSE:BCAT)

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