Beckerman Institutional LLC Has $625,000 Stock Holdings in BlackRock ESG Capital Allocation Term Trust $ECAT

Beckerman Institutional LLC trimmed its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 7.9% during the second quarter, HoldingsChannel.com reports. The firm owned 38,919 shares of the company’s stock after selling 3,326 shares during the period. Beckerman Institutional LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $625,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ECAT. North Ground Capital raised its position in shares of BlackRock ESG Capital Allocation Term Trust by 53.4% during the first quarter. North Ground Capital now owns 700,000 shares of the company’s stock worth $10,640,000 after acquiring an additional 243,600 shares during the last quarter. Calton & Associates Inc. raised its position in shares of BlackRock ESG Capital Allocation Term Trust by 1,425.4% during the first quarter. Calton & Associates Inc. now owns 215,453 shares of the company’s stock worth $3,398,000 after acquiring an additional 201,329 shares during the last quarter. Formidable Asset Management LLC bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the first quarter worth about $2,235,000. Ieq Capital LLC bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the first quarter worth about $1,999,000. Finally, Golden State Equity Partners bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the second quarter worth about $872,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of NYSE ECAT opened at $16.26 on Wednesday. BlackRock ESG Capital Allocation Term Trust has a twelve month low of $13.35 and a twelve month high of $17.91. The firm has a fifty day simple moving average of $16.45 and a 200 day simple moving average of $16.16.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be paid a dividend of $0.2818 per share. This represents a c) dividend on an annualized basis and a yield of 20.8%. The ex-dividend date of this dividend is Friday, November 14th.

About BlackRock ESG Capital Allocation Term Trust

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.