Bank of America Corp DE Has $9.67 Million Holdings in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Bank of America Corp DE lifted its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 19.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 589,867 shares of the company’s stock after purchasing an additional 96,731 shares during the quarter. Bank of America Corp DE’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $9,674,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of ECAT. Steward Partners Investment Advisory LLC boosted its stake in BlackRock ESG Capital Allocation Term Trust by 5.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,054 shares of the company’s stock valued at $230,000 after buying an additional 666 shares in the last quarter. Arete Wealth Advisors LLC grew its position in BlackRock ESG Capital Allocation Term Trust by 5.5% in the fourth quarter. Arete Wealth Advisors LLC now owns 14,932 shares of the company’s stock valued at $245,000 after acquiring an additional 775 shares during the period. Blair William & Co. IL grew its position in BlackRock ESG Capital Allocation Term Trust by 5.9% in the fourth quarter. Blair William & Co. IL now owns 30,068 shares of the company’s stock valued at $493,000 after acquiring an additional 1,665 shares during the period. IFP Advisors Inc bought a new stake in BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at $36,000. Finally, Janney Montgomery Scott LLC grew its position in BlackRock ESG Capital Allocation Term Trust by 10.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 27,541 shares of the company’s stock valued at $452,000 after acquiring an additional 2,632 shares during the period.

BlackRock ESG Capital Allocation Term Trust Trading Down 0.1%

Shares of NYSE:ECAT opened at $15.46 on Friday. The business’s fifty day moving average price is $15.39 and its two-hundred day moving average price is $16.36. BlackRock ESG Capital Allocation Term Trust has a fifty-two week low of $13.35 and a fifty-two week high of $18.14.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a $0.2998 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 23.27%. The ex-dividend date of this dividend is Thursday, May 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.