Formidable Asset Management LLC Has $3.63 Million Stock Holdings in BlackRock ESG Capital Allocation Term Trust $ECAT

Formidable Asset Management LLC lifted its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 59.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 226,191 shares of the company’s stock after purchasing an additional 84,461 shares during the period. Formidable Asset Management LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $3,633,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 2nd quarter valued at approximately $84,000. Rockefeller Capital Management L.P. acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the second quarter valued at approximately $477,000. Wedbush Securities Inc. grew its stake in shares of BlackRock ESG Capital Allocation Term Trust by 36.3% during the second quarter. Wedbush Securities Inc. now owns 43,535 shares of the company’s stock worth $699,000 after buying an additional 11,591 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the second quarter worth $671,000. Finally, Penserra Capital Management LLC increased its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 3.0% during the second quarter. Penserra Capital Management LLC now owns 1,086,882 shares of the company’s stock worth $17,455,000 after buying an additional 32,103 shares in the last quarter.

BlackRock ESG Capital Allocation Term Trust Stock Performance

NYSE:ECAT opened at $15.90 on Monday. The stock’s 50-day moving average is $15.77 and its 200-day moving average is $16.19. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $13.35 and a 1-year high of $17.16.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.277 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 20.9%.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.