16,731 Shares in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Purchased by Calton & Associates Inc.

Calton & Associates Inc. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,731 shares of the company’s stock, valued at approximately $270,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC increased its stake in BlackRock ESG Capital Allocation Term Trust by 12.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 33,941 shares of the company’s stock worth $502,000 after acquiring an additional 3,778 shares during the last quarter. Clough Capital Partners L P increased its stake in BlackRock ESG Capital Allocation Term Trust by 34.5% in the 3rd quarter. Clough Capital Partners L P now owns 73,300 shares of the company’s stock worth $1,084,000 after acquiring an additional 18,800 shares during the last quarter. Meteora Capital LLC bought a new position in BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth about $1,213,000. Raymond James & Associates increased its stake in BlackRock ESG Capital Allocation Term Trust by 24.3% in the 4th quarter. Raymond James & Associates now owns 15,503 shares of the company’s stock worth $250,000 after acquiring an additional 3,026 shares during the last quarter. Finally, Alpine Global Management LLC increased its stake in BlackRock ESG Capital Allocation Term Trust by 4.6% in the 3rd quarter. Alpine Global Management LLC now owns 63,113 shares of the company’s stock worth $933,000 after acquiring an additional 2,758 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of NYSE ECAT opened at $16.89 on Friday. The stock’s 50-day simple moving average is $16.74 and its two-hundred day simple moving average is $16.28. BlackRock ESG Capital Allocation Term Trust has a twelve month low of $14.02 and a twelve month high of $17.40.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.80 annualized dividend and a dividend yield of 10.66%.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. acquired 35,287 shares of BlackRock ESG Capital Allocation Term Trust stock in a transaction dated Wednesday, February 14th. The shares were purchased at an average cost of $16.58 per share, for a total transaction of $585,058.46. Following the transaction, the insider now owns 26,412,085 shares of the company’s stock, valued at $437,912,369.30. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders have bought 1,168,045 shares of company stock worth $19,848,841.

BlackRock ESG Capital Allocation Term Trust Profile

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.