CoreCap Advisors LLC Acquires 11,172 Shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

CoreCap Advisors LLC grew its holdings in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 159.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,172 shares of the company’s stock after purchasing an additional 11,172 shares during the period. CoreCap Advisors LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $298,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth $27,000. IFP Advisors Inc purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth $36,000. Fifth Third Bancorp purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth $74,000. Private Advisor Group LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth $178,000. Finally, Two Sigma Securities LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth $194,000.

BlackRock ESG Capital Allocation Term Trust Stock Performance

ECAT stock opened at $15.74 on Monday. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.35 and a 1 year high of $18.14. The stock’s fifty day moving average price is $15.50 and its 200-day moving average price is $16.45.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a $0.2998 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 22.85%.

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.