Cetera Investment Advisers Buys 4,163 Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Cetera Investment Advisers increased its position in BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 11.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,302 shares of the company’s stock after purchasing an additional 4,163 shares during the period. Cetera Investment Advisers’ holdings in BlackRock Capital Allocation Term Trust were worth $595,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. CIBC Private Wealth Group LLC bought a new stake in BlackRock Capital Allocation Term Trust during the 4th quarter valued at about $36,000. Anfield Capital Management LLC bought a new stake in shares of BlackRock Capital Allocation Term Trust during the fourth quarter valued at approximately $56,000. Comerica Bank increased its position in shares of BlackRock Capital Allocation Term Trust by 27.1% during the fourth quarter. Comerica Bank now owns 10,126 shares of the company’s stock valued at $153,000 after acquiring an additional 2,157 shares in the last quarter. Cutter & CO Brokerage Inc. purchased a new position in BlackRock Capital Allocation Term Trust in the 4th quarter worth approximately $158,000. Finally, Private Advisor Group LLC bought a new position in BlackRock Capital Allocation Term Trust in the 4th quarter valued at approximately $158,000. Institutional investors own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Trading Up 0.1%

Shares of BCAT opened at $14.60 on Tuesday. The business’s fifty day simple moving average is $14.36 and its two-hundred day simple moving average is $15.18. BlackRock Capital Allocation Term Trust has a 12 month low of $12.91 and a 12 month high of $17.17.

BlackRock Capital Allocation Term Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a $0.2813 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 23.12%.

BlackRock Capital Allocation Term Trust Company Profile

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