Sit Investment Associates Inc. Trims Position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Posted by Kyle Jackson on Apr 5th, 2025

Sit Investment Associates Inc. reduced its position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT – Free Report) by 3.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,492,534 shares of the company’s stock after selling 59,283 shares during the period. Sit Investment Associates Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $24,478,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ECAT. Wilmington Savings Fund Society FSB purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter valued at $27,000. IFP Advisors Inc acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at about $36,000. Fifth Third Bancorp acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at about $74,000. Private Advisor Group LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth about $178,000. Finally, Wolverine Asset Management LLC acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth approximately $213,000.

BlackRock ESG Capital Allocation Term Trust Stock Performance

BlackRock ESG Capital Allocation Term Trust stock opened at $14.56 on Friday. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $14.52 and a 1 year high of $18.14. The firm has a 50 day moving average price of $16.42 and a 200 day moving average price of $16.95.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.3036 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 25.03%.

About BlackRock ESG Capital Allocation Term Trust

(Free Report)

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.