LPL Financial LLC lifted its stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report) by 58.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,656 shares of the company’s stock after acquiring an additional 70,021 shares during the period. LPL Financial LLC owned approximately 0.18% of BlackRock Capital Allocation Term Trust worth $2,731,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. CF Capital LLC bought a new position in BlackRock Capital Allocation Term Trust in the fourth quarter valued at $7,501,000. Raymond James Financial Inc. bought a new position in BlackRock Capital Allocation Term Trust in the fourth quarter valued at $3,161,000. Advisor Resource Council bought a new position in BlackRock Capital Allocation Term Trust in the first quarter valued at $1,482,000. Penserra Capital Management LLC grew its position in BlackRock Capital Allocation Term Trust by 9.7% in the first quarter. Penserra Capital Management LLC now owns 1,136,511 shares of the company’s stock valued at $16,365,000 after purchasing an additional 100,038 shares in the last quarter. Finally, Bank of America Corp DE grew its position in BlackRock Capital Allocation Term Trust by 9.0% in the fourth quarter. Bank of America Corp DE now owns 1,183,518 shares of the company’s stock valued at $17,930,000 after purchasing an additional 98,210 shares in the last quarter. Institutional investors own 36.12% of the company’s stock.
BlackRock Capital Allocation Term Trust Stock Down 1.8%
BlackRock Capital Allocation Term Trust stock opened at $14.89 on Monday. BlackRock Capital Allocation Term Trust has a 1-year low of $12.91 and a 1-year high of $16.80. The company has a fifty day simple moving average of $15.01 and a 200 day simple moving average of $14.85.
BlackRock Capital Allocation Term Trust Cuts Dividend
About BlackRock Capital Allocation Term Trust
–
Read More
- Five stocks we like better than BlackRock Capital Allocation Term Trust
- Top Biotech Stocks: Exploring Innovation Opportunities
- Silver Prices Up, But Endeavour’s Profit Still Elusive
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Cocoa Futures Send Hershey Stock Lower, Dip Opportunity?
- How is Compound Interest Calculated?
- Smart Money Piles Into GRID ETF on Trillion-Dollar Power Upgrade
Want to see what other hedge funds are holding BCAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report).
Receive News & Ratings for BlackRock Capital Allocation Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Capital Allocation Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.
