BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Announces $0.15 Monthly Dividend

BlackRock ESG Capital Allocation Term Trust (NYSE:ECATGet Free Report) announced a monthly dividend on Thursday, February 1st, Zacks reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.15 per share on Thursday, February 29th. This represents a $1.80 annualized dividend and a yield of 10.55%. The ex-dividend date of this dividend is Wednesday, February 14th.

BlackRock ESG Capital Allocation Term Trust Stock Up 0.5 %

NYSE ECAT opened at $17.06 on Tuesday. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $14.02 and a 1-year high of $17.09. The business’s 50-day simple moving average is $16.33 and its 200-day simple moving average is $15.53.

Insider Buying and Selling

In other BlackRock ESG Capital Allocation Term Trust news, major shareholder Saba Capital Management, L.P. bought 138,735 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was purchased at an average price of $17.04 per share, with a total value of $2,364,044.40. Following the transaction, the insider now owns 26,192,081 shares in the company, valued at $446,313,060.24. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other BlackRock ESG Capital Allocation Term Trust news, Portfolio Manager Richard M. Rieder bought 7,000 shares of the company’s stock in a transaction that occurred on Friday, January 5th. The stock was purchased at an average price of $16.20 per share, with a total value of $113,400.00. Following the transaction, the portfolio manager now owns 105,730 shares in the company, valued at $1,712,826. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Saba Capital Management, L.P. bought 138,735 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average cost of $17.04 per share, with a total value of $2,364,044.40. Following the transaction, the insider now owns 26,192,081 shares in the company, valued at approximately $446,313,060.24. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 4,242,064 shares of company stock valued at $68,233,273.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Several large investors have recently bought and sold shares of ECAT. Envestnet Asset Management Inc. acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the second quarter valued at approximately $179,000. LPL Financial LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the second quarter valued at approximately $707,000. Wells Fargo & Company MN grew its position in BlackRock ESG Capital Allocation Term Trust by 24.2% in the second quarter. Wells Fargo & Company MN now owns 411,641 shares of the company’s stock valued at $5,890,000 after acquiring an additional 80,127 shares in the last quarter. Citadel Advisors LLC grew its position in BlackRock ESG Capital Allocation Term Trust by 13.1% in the second quarter. Citadel Advisors LLC now owns 108,557 shares of the company’s stock valued at $1,553,000 after acquiring an additional 12,565 shares in the last quarter. Finally, Royal Bank of Canada grew its position in BlackRock ESG Capital Allocation Term Trust by 31.4% in the third quarter. Royal Bank of Canada now owns 417,564 shares of the company’s stock valued at $5,349,000 after acquiring an additional 99,793 shares in the last quarter.

BlackRock ESG Capital Allocation Term Trust Company Profile

(Get Free Report)

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.

Featured Articles

Dividend History for BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Receive News & Ratings for BlackRock ESG Capital Allocation Term Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock ESG Capital Allocation Term Trust and related companies with MarketBeat.com's FREE daily email newsletter.