Shaker Financial Services LLC Purchases New Shares in BlackRock ESG Capital Allocation Term Trust $ECAT

Shaker Financial Services LLC bought a new position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 38,270 shares of the company’s stock, valued at approximately $615,000.

Other institutional investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the first quarter valued at $57,000. Cornerstone Advisors LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the first quarter valued at $69,000. Ameritas Advisory Services LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the second quarter valued at $84,000. Private Advisor Group LLC increased its stake in shares of BlackRock ESG Capital Allocation Term Trust by 12.0% during the first quarter. Private Advisor Group LLC now owns 12,156 shares of the company’s stock valued at $192,000 after buying an additional 1,307 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of BlackRock ESG Capital Allocation Term Trust by 17.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,766 shares of the company’s stock valued at $217,000 after buying an additional 2,021 shares during the period.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of BlackRock ESG Capital Allocation Term Trust stock opened at $16.31 on Monday. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $13.35 and a 12 month high of $17.91. The stock’s fifty day moving average price is $16.46 and its 200-day moving average price is $16.14.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Investors of record on Wednesday, October 15th were given a dividend of $0.2848 per share. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 21.0%.

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.