50,561 BlackRock ESG Capital Allocation Term Trust $ECAT Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 25.8% during the third quarter, Holdings Channel reports. The institutional investor owned 145,774 shares of the company’s stock after selling 50,561 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $2,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in ECAT. Flagship Harbor Advisors LLC increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 7.1% in the third quarter. Flagship Harbor Advisors LLC now owns 628,428 shares of the company’s stock worth $8,710,000 after purchasing an additional 41,781 shares during the last quarter. Wedbush Securities Inc. raised its position in BlackRock ESG Capital Allocation Term Trust by 8.0% during the 3rd quarter. Wedbush Securities Inc. now owns 58,356 shares of the company’s stock valued at $809,000 after purchasing an additional 4,304 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter valued at approximately $50,000. Integrated Wealth Concepts LLC bought a new position in BlackRock ESG Capital Allocation Term Trust in the 2nd quarter worth $291,000. Finally, RFG Advisory LLC lifted its holdings in BlackRock ESG Capital Allocation Term Trust by 10.8% in the second quarter. RFG Advisory LLC now owns 117,195 shares of the company’s stock worth $1,842,000 after buying an additional 11,390 shares during the period.

BlackRock ESG Capital Allocation Term Trust Stock Performance

NYSE ECAT opened at $13.48 on Friday. BlackRock ESG Capital Allocation Term Trust has a twelve month low of $12.98 and a twelve month high of $16.57. The stock’s 50 day moving average is $14.26 and its 200 day moving average is $14.90.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be issued a $0.2644 dividend. This represents a $3.17 dividend on an annualized basis and a yield of 23.5%. The ex-dividend date is Friday, December 11th.

BlackRock ESG Capital Allocation Term Trust Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a diversified, closed-end management investment company advised by BlackRock Advisors, LLC. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

ECAT invests in a portfolio of equity and debt securities, including investments issued by companies, governments and other entities. Its strategy incorporates environmental, social and governance considerations when evaluating investments, while allowing the portfolio to pursue opportunities across industries and geographic regions, including U.S.