Penserra Capital Management LLC Acquires Shares of 904,950 BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Penserra Capital Management LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 904,950 shares of the company’s stock, valued at approximately $16,053,000.

A number of other institutional investors also recently modified their holdings of ECAT. Mather Group LLC. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth $37,000. Whittier Trust Co. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 2nd quarter worth $131,000. Shaker Financial Services LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth $275,000. PFG Investments LLC raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 17.4% during the 2nd quarter. PFG Investments LLC now owns 18,200 shares of the company’s stock worth $319,000 after buying an additional 2,700 shares in the last quarter. Finally, Comerica Bank raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 4.7% during the 1st quarter. Comerica Bank now owns 19,896 shares of the company’s stock worth $345,000 after buying an additional 895 shares in the last quarter.

BlackRock ESG Capital Allocation Term Trust Price Performance

BlackRock ESG Capital Allocation Term Trust stock opened at $17.06 on Friday. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $15.42 and a 52 week high of $18.14. The stock has a fifty day moving average of $17.46 and a 200-day moving average of $17.39.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.305 per share. The ex-dividend date is Friday, November 15th. This represents a $3.66 dividend on an annualized basis and a yield of 21.46%.

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.