Avior Wealth Management LLC Sells 4,600 Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Avior Wealth Management LLC lowered its stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCATFree Report) by 26.5% in the 4th quarter, HoldingsChannel reports. The firm owned 12,757 shares of the company’s stock after selling 4,600 shares during the quarter. Avior Wealth Management LLC’s holdings in BlackRock Capital Allocation Term Trust were worth $193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in BCAT. Penserra Capital Management LLC purchased a new position in shares of BlackRock Capital Allocation Term Trust in the third quarter worth about $15,901,000. Sanctuary Advisors LLC bought a new position in shares of BlackRock Capital Allocation Term Trust in the 2nd quarter worth $2,967,000. Mathes Company Inc. raised its position in BlackRock Capital Allocation Term Trust by 6.0% during the third quarter. Mathes Company Inc. now owns 96,500 shares of the company’s stock valued at $1,587,000 after purchasing an additional 5,500 shares in the last quarter. Quarry LP raised its holdings in shares of BlackRock Capital Allocation Term Trust by 68.4% during the 2nd quarter. Quarry LP now owns 69,034 shares of the company’s stock valued at $1,133,000 after buying an additional 28,045 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in BlackRock Capital Allocation Term Trust by 10.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 57,248 shares of the company’s stock worth $942,000 after buying an additional 5,618 shares during the last quarter. Hedge funds and other institutional investors own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Price Performance

BCAT stock opened at $15.44 on Tuesday. BlackRock Capital Allocation Term Trust has a one year low of $15.00 and a one year high of $17.18. The company’s 50 day moving average price is $15.76 and its two-hundred day moving average price is $16.10.

BlackRock Capital Allocation Term Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.2891 per share. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.47 dividend on an annualized basis and a dividend yield of 22.47%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Capital Allocation Term Trust Company Profile

(Free Report)

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Institutional Ownership by Quarter for BlackRock Capital Allocation Term Trust (NYSE:BCAT)

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