Thurston Springer Miller Herd & Titak Inc. Invests $158,000 in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Thurston Springer Miller Herd & Titak Inc. acquired a new position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 10,000 shares of the company’s stock, valued at approximately $158,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of ECAT. IFP Advisors Inc bought a new position in BlackRock ESG Capital Allocation Term Trust in the fourth quarter worth approximately $36,000. Private Advisor Group LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at $178,000. K2 Principal Fund L.P. bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at $187,000. Two Sigma Securities LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at $194,000. Finally, Wolverine Asset Management LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the 4th quarter valued at $213,000.

BlackRock ESG Capital Allocation Term Trust Stock Up 0.0%

Shares of NYSE ECAT opened at $16.09 on Friday. The stock’s fifty day simple moving average is $15.34 and its two-hundred day simple moving average is $16.25. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.35 and a 12-month high of $18.14.

BlackRock ESG Capital Allocation Term Trust Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.2966 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $3.56 annualized dividend and a yield of 22.13%.

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.