Transcend Capital Advisors LLC Purchases 4,000 Shares of BlackRock Capital Allocation Trust (NYSE:BCAT)

Transcend Capital Advisors LLC increased its stake in BlackRock Capital Allocation Trust (NYSE:BCATGet Rating) by 8.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,150 shares of the company’s stock after buying an additional 4,000 shares during the period. Transcend Capital Advisors LLC’s holdings in BlackRock Capital Allocation Trust were worth $735,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Covington Capital Management bought a new stake in shares of BlackRock Capital Allocation Trust in the 2nd quarter valued at about $626,000. Mathes Company Inc. increased its holdings in BlackRock Capital Allocation Trust by 36.5% in the 1st quarter. Mathes Company Inc. now owns 94,500 shares of the company’s stock worth $1,565,000 after acquiring an additional 25,250 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of BlackRock Capital Allocation Trust during the first quarter worth $222,000. Advisors Asset Management Inc. boosted its position in shares of BlackRock Capital Allocation Trust by 37.2% during the 1st quarter. Advisors Asset Management Inc. now owns 37,105 shares of the company’s stock valued at $614,000 after acquiring an additional 10,059 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC acquired a new position in BlackRock Capital Allocation Trust in the first quarter valued at about $79,000.

BlackRock Capital Allocation Trust Trading Down 1.1 %

Shares of NYSE:BCAT opened at $14.08 on Wednesday. The firm’s 50-day moving average is $15.03 and its two-hundred day moving average is $15.39. BlackRock Capital Allocation Trust has a 1 year low of $13.87 and a 1 year high of $20.46.

BlackRock Capital Allocation Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a $0.104 dividend. This represents a $1.25 annualized dividend and a dividend yield of 8.86%. The ex-dividend date of this dividend is Wednesday, September 14th.

BlackRock Capital Allocation Trust Profile

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Institutional Ownership by Quarter for BlackRock Capital Allocation Trust (NYSE:BCAT)

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