BlackRock Capital Allocation Term Trust (NYSE:BCAT) Stake Raised by Ameriprise Financial Inc.

Posted by Defense World Staff on Jun 4th, 2025

Ameriprise Financial Inc. boosted its holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,528 shares of the company’s stock after acquiring an additional 844 shares during the quarter. Ameriprise Financial Inc.’s holdings in BlackRock Capital Allocation Term Trust were worth $675,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BCAT. CIBC Private Wealth Group LLC bought a new stake in BlackRock Capital Allocation Term Trust in the fourth quarter worth about $36,000. Anfield Capital Management LLC acquired a new stake in BlackRock Capital Allocation Term Trust during the 4th quarter worth about $56,000. Comerica Bank raised its holdings in BlackRock Capital Allocation Term Trust by 27.1% during the 4th quarter. Comerica Bank now owns 10,126 shares of the company’s stock worth $153,000 after buying an additional 2,157 shares during the period. Cutter & CO Brokerage Inc. acquired a new stake in BlackRock Capital Allocation Term Trust during the 4th quarter worth about $158,000. Finally, Private Advisor Group LLC acquired a new stake in BlackRock Capital Allocation Term Trust during the 4th quarter worth about $158,000. 36.12% of the stock is currently owned by institutional investors.

BlackRock Capital Allocation Term Trust Stock Performance

NYSE BCAT opened at $15.03 on Wednesday. The stock’s 50-day moving average price is $14.40 and its two-hundred day moving average price is $15.13. BlackRock Capital Allocation Term Trust has a 1 year low of $12.91 and a 1 year high of $17.06.

BlackRock Capital Allocation Term Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.2813 per share. The ex-dividend date was Thursday, May 15th. This represents a $3.38 annualized dividend and a yield of 22.46%.