Comerica Bank Acquires 3,823 Shares of BlackRock ESG Capital Allocation Term Trust $ECAT

Comerica Bank boosted its holdings in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 29.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,899 shares of the company’s stock after purchasing an additional 3,823 shares during the period. Comerica Bank’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ECAT. Penserra Capital Management LLC lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 8.7% in the 1st quarter. Penserra Capital Management LLC now owns 1,054,779 shares of the company’s stock valued at $16,633,000 after acquiring an additional 84,461 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 19.6% in the 4th quarter. Bank of America Corp DE now owns 589,867 shares of the company’s stock valued at $9,674,000 after acquiring an additional 96,731 shares during the last quarter. Alpine Global Management LLC lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 15.3% in the 4th quarter. Alpine Global Management LLC now owns 415,000 shares of the company’s stock valued at $6,806,000 after acquiring an additional 55,000 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 2.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 276,323 shares of the company’s stock valued at $4,358,000 after acquiring an additional 7,862 shares during the last quarter. Finally, Calton & Associates Inc. lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 1,425.4% in the 1st quarter. Calton & Associates Inc. now owns 215,453 shares of the company’s stock valued at $3,398,000 after acquiring an additional 201,329 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Trading Up 0.3%

Shares of ECAT opened at $16.70 on Wednesday. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $13.35 and a 52 week high of $18.09. The stock has a fifty day moving average of $16.44 and a 200-day moving average of $15.97.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.2876 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 20.7%. The ex-dividend date is Monday, September 15th.

About BlackRock ESG Capital Allocation Term Trust

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.