Sit Investment Associates Inc. Cuts Position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Posted by Jessica Moore on Apr 5th, 2025

Sit Investment Associates Inc. reduced its holdings in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT – Free Report) by 3.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,492,534 shares of the company’s stock after selling 59,283 shares during the period. Sit Investment Associates Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $24,478,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Kovitz Investment Group Partners LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth $6,005,000. Raymond James Financial Inc. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter worth about $3,258,000. Winebrenner Capital Management LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth about $590,000. Commonwealth Equity Services LLC boosted its position in shares of BlackRock ESG Capital Allocation Term Trust by 126.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 49,581 shares of the company’s stock worth $813,000 after buying an additional 27,716 shares during the period. Finally, Wolverine Asset Management LLC acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at about $213,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

BlackRock ESG Capital Allocation Term Trust stock opened at $14.56 on Friday. BlackRock ESG Capital Allocation Term Trust has a one year low of $14.52 and a one year high of $18.14. The stock’s 50 day moving average price is $16.42 and its 200 day moving average price is $16.95.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.3036 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 25.03%.

BlackRock ESG Capital Allocation Term Trust Company Profile

(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.