BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 21.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,120 shares of the company’s stock after selling 7,615 shares during the quarter. PNC Financial Services Group Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $461,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Penserra Capital Management LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter valued at approximately $16,053,000. Kovitz Investment Group Partners LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter valued at approximately $6,005,000. Raymond James Financial Inc. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at approximately $3,258,000. Americana Partners LLC raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 2.3% during the fourth quarter. Americana Partners LLC now owns 140,287 shares of the company’s stock valued at $2,301,000 after acquiring an additional 3,210 shares during the last quarter. Finally, Flagship Harbor Advisors LLC raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 6.8% during the fourth quarter. Flagship Harbor Advisors LLC now owns 80,568 shares of the company’s stock valued at $1,321,000 after acquiring an additional 5,131 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of BlackRock ESG Capital Allocation Term Trust stock opened at $16.28 on Thursday. The business has a 50 day simple moving average of $16.60 and a two-hundred day simple moving average of $17.07. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $15.90 and a 12 month high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.3063 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.68 annualized dividend and a dividend yield of 22.58%.

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.