US Bancorp DE Makes New Investment in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

US Bancorp DE purchased a new position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 24,011 shares of the company’s stock, valued at approximately $426,000.

Several other institutional investors have also recently made changes to their positions in ECAT. Mather Group LLC. purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter worth $37,000. Whittier Trust Co. purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the second quarter worth $131,000. PFG Investments LLC raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 17.4% during the second quarter. PFG Investments LLC now owns 18,200 shares of the company’s stock worth $319,000 after purchasing an additional 2,700 shares during the last quarter. Comerica Bank raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 4.7% during the first quarter. Comerica Bank now owns 19,896 shares of the company’s stock worth $345,000 after purchasing an additional 895 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 9.8% during the second quarter. Truist Financial Corp now owns 27,457 shares of the company’s stock worth $482,000 after purchasing an additional 2,460 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of BlackRock ESG Capital Allocation Term Trust stock opened at $17.79 on Tuesday. The firm has a fifty day moving average price of $17.49 and a 200 day moving average price of $17.35. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $15.03 and a 1 year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $3.66 annualized dividend and a yield of 20.58%.

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.