Elequin Capital LP bought a new position in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,713 shares of the company’s stock, valued at approximately $162,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB bought a new stake in shares of BlackRock Capital Allocation Term Trust during the fourth quarter valued at about $112,000. Janney Montgomery Scott LLC lifted its stake in BlackRock Capital Allocation Term Trust by 13.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 17,150 shares of the company’s stock worth $260,000 after purchasing an additional 2,000 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in BlackRock Capital Allocation Term Trust during the fourth quarter valued at approximately $594,000. Joseph P. Lucia & Associates LLC bought a new stake in BlackRock Capital Allocation Term Trust in the fourth quarter worth $255,000. Finally, Mathes Company Inc. boosted its holdings in BlackRock Capital Allocation Term Trust by 13.8% during the 4th quarter. Mathes Company Inc. now owns 109,800 shares of the company’s stock valued at $1,663,000 after acquiring an additional 13,300 shares during the period. Institutional investors and hedge funds own 36.12% of the company’s stock.
BlackRock Capital Allocation Term Trust Stock Performance
Shares of NYSE BCAT opened at $14.74 on Wednesday. BlackRock Capital Allocation Term Trust has a 12 month low of $12.91 and a 12 month high of $17.18. The firm has a fifty day simple moving average of $14.36 and a two-hundred day simple moving average of $15.23.
BlackRock Capital Allocation Term Trust Cuts Dividend
About BlackRock Capital Allocation Term Trust
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