LPL Financial LLC Purchases 8,920 Shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

LPL Financial LLC raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,738 shares of the company’s stock after purchasing an additional 8,920 shares during the quarter. LPL Financial LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $1,308,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter valued at about $27,000. IFP Advisors Inc acquired a new position in BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at about $36,000. Fifth Third Bancorp bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth approximately $74,000. Private Advisor Group LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth approximately $178,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth approximately $213,000.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.5 %

Shares of NYSE:ECAT opened at $14.50 on Friday. The business’s 50 day moving average is $15.92 and its 200 day moving average is $16.71. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.35 and a 12-month high of $18.14.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.3036 per share. This represents a $3.64 dividend on an annualized basis and a yield of 25.12%. The ex-dividend date is Tuesday, April 15th.

BlackRock ESG Capital Allocation Term Trust Company 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.