BlackRock ESG Capital Allocation Term Trust $ECAT Stock: Oppenheimer & Co. Inc. Lowers Holdings

Oppenheimer & Co. Inc. lessened its holdings in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 25.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 145,774 shares of the company’s stock after selling 50,561 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $2,020,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC grew its position in shares of BlackRock ESG Capital Allocation Term Trust by 7.1% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 628,428 shares of the company’s stock worth $8,710,000 after purchasing an additional 41,781 shares in the last quarter. Aviance Capital Partners LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the first quarter valued at $553,000. Kestra Advisory Services LLC bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the first quarter worth about $359,000. Mason & Associates Inc lifted its position in shares of BlackRock ESG Capital Allocation Term Trust by 7.6% in the 2nd quarter. Mason & Associates Inc now owns 357,593 shares of the company’s stock worth $5,621,000 after purchasing an additional 25,389 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 2nd quarter valued at about $291,000.

BlackRock ESG Capital Allocation Term Trust Stock Performance

NYSE:ECAT opened at $13.48 on Friday. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $12.98 and a 12 month high of $16.57. The firm has a fifty day simple moving average of $14.26 and a two-hundred day simple moving average of $14.90.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be paid a $0.2644 dividend. This represents a $3.17 dividend on an annualized basis and a dividend yield of 23.5%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a diversified, closed-end management investment company advised by BlackRock Advisors, LLC. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

ECAT invests in a portfolio of equity and debt securities, including investments issued by companies, governments and other entities. Its strategy incorporates environmental, social and governance considerations when evaluating investments, while allowing the portfolio to pursue opportunities across industries and geographic regions, including U.S.