Alpine Global Management LLC Invests $2.46 Million in BlackRock ESG Capital Allocation Term Trust $ECAT

Alpine Global Management LLC acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 150,000 shares of the company’s stock, valued at approximately $2,460,000.

Several other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the first quarter valued at $340,000. Cetera Investment Advisers acquired a new stake in BlackRock ESG Capital Allocation Term Trust during the 2nd quarter worth about $340,000. Rockefeller Capital Management L.P. acquired a new position in BlackRock ESG Capital Allocation Term Trust in the second quarter valued at approximately $477,000. Advisors Asset Management Inc. boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 8.6% during the second quarter. Advisors Asset Management Inc. now owns 502,647 shares of the company’s stock worth $8,073,000 after buying an additional 39,893 shares in the last quarter. Finally, Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 2nd quarter worth about $671,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of ECAT opened at $14.12 on Wednesday. The stock’s 50 day moving average is $15.24 and its two-hundred day moving average is $15.80. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $13.35 and a 12 month high of $17.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.2733 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 23.2%.

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.