RFG Advisory LLC Takes $920,000 Position in BlackRock ESG Capital Allocation Term Trust $ECAT

RFG Advisory LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the fourth quarter, HoldingsChannel reports. The firm purchased 59,815 shares of the company’s stock, valued at approximately $920,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ECAT. Wolverine Asset Management LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at about $1,313,000. Truist Financial Corp increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 4.9% during the fourth quarter. Truist Financial Corp now owns 35,829 shares of the company’s stock valued at $551,000 after acquiring an additional 1,660 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 37.3% during the fourth quarter. Sanctuary Advisors LLC now owns 17,845 shares of the company’s stock valued at $274,000 after acquiring an additional 4,845 shares during the last quarter. Golden State Equity Partners raised its stake in shares of BlackRock ESG Capital Allocation Term Trust by 9.8% in the 4th quarter. Golden State Equity Partners now owns 66,505 shares of the company’s stock valued at $1,023,000 after acquiring an additional 5,960 shares during the period. Finally, Shaker Financial Services LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter valued at approximately $300,000.

BlackRock ESG Capital Allocation Term Trust Stock Up 0.5%

NYSE:ECAT opened at $15.12 on Friday. The company has a 50 day moving average price of $14.42 and a 200 day moving average price of $15.27. BlackRock ESG Capital Allocation Term Trust has a fifty-two week low of $13.36 and a fifty-two week high of $17.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.2733 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 21.7%.

BlackRock ESG Capital Allocation Term Trust Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.