BlackRock Capital Allocation Term Trust $BCAT Shares Purchased by Comerica Bank

Comerica Bank lifted its position in BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 6.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,805 shares of the company’s stock after acquiring an additional 679 shares during the period. Comerica Bank’s holdings in BlackRock Capital Allocation Term Trust were worth $156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC increased its position in shares of BlackRock Capital Allocation Term Trust by 176.2% in the 4th quarter. Jane Street Group LLC now owns 50,496 shares of the company’s stock valued at $765,000 after acquiring an additional 32,216 shares during the period. Private Trust Co. NA acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 1st quarter valued at $50,000. LPL Financial LLC increased its position in shares of BlackRock Capital Allocation Term Trust by 58.5% in the 1st quarter. LPL Financial LLC now owns 189,656 shares of the company’s stock valued at $2,731,000 after acquiring an additional 70,021 shares during the period. Wolverine Asset Management LLC increased its position in shares of BlackRock Capital Allocation Term Trust by 38.4% in the 1st quarter. Wolverine Asset Management LLC now owns 114,083 shares of the company’s stock valued at $1,643,000 after acquiring an additional 31,629 shares during the period. Finally, Penserra Capital Management LLC increased its position in shares of BlackRock Capital Allocation Term Trust by 9.7% in the 1st quarter. Penserra Capital Management LLC now owns 1,136,511 shares of the company’s stock valued at $16,365,000 after acquiring an additional 100,038 shares during the period. 36.12% of the stock is owned by institutional investors and hedge funds.

BlackRock Capital Allocation Term Trust Stock Down 0.0%

NYSE:BCAT opened at $15.21 on Thursday. BlackRock Capital Allocation Term Trust has a one year low of $12.91 and a one year high of $16.80. The firm’s fifty day moving average is $14.98 and its two-hundred day moving average is $14.78.

BlackRock Capital Allocation Term Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $0.2699 dividend. This represents a c) annualized dividend and a yield of 21.3%. The ex-dividend date of this dividend is Monday, September 15th.

BlackRock Capital Allocation Term Trust Company Profile

–