Anfield Capital Management LLC Invests $56,000 in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Anfield Capital Management LLC purchased a new stake in BlackRock Capital Allocation Term Trust (NYSE:BCATFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,674 shares of the company’s stock, valued at approximately $56,000.

Other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new position in shares of BlackRock Capital Allocation Term Trust in the fourth quarter valued at $112,000. Ashton Thomas Securities LLC bought a new stake in shares of BlackRock Capital Allocation Term Trust during the 3rd quarter worth about $156,000. Cutter & CO Brokerage Inc. acquired a new position in BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $158,000. Private Advisor Group LLC bought a new position in BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $158,000. Finally, Walleye Capital LLC acquired a new stake in BlackRock Capital Allocation Term Trust during the third quarter worth approximately $234,000. Institutional investors own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Stock Performance

Shares of NYSE:BCAT opened at $15.33 on Friday. BlackRock Capital Allocation Term Trust has a 12-month low of $15.00 and a 12-month high of $17.18. The business has a 50 day moving average of $15.49 and a 200-day moving average of $15.97.

BlackRock Capital Allocation Term Trust Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.2882 dividend. This represents a $3.46 dividend on an annualized basis and a yield of 22.56%. This is a positive change from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. The ex-dividend date was Friday, February 14th.

BlackRock Capital Allocation Term Trust Profile

(Free Report)

Further Reading

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Institutional Ownership by Quarter for BlackRock Capital Allocation Term Trust (NYSE:BCAT)

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