BlackRock Capital Allocation Trust (NYSE:BCAT) Sees Unusually-High Trading Volume

BlackRock Capital Allocation Trust (NYSE:BCATGet Rating) shares saw strong trading volume on Wednesday . 32,400 shares were traded during trading, a decline of 91% from the previous session’s volume of 346,219 shares.The stock last traded at $14.16 and had previously closed at $14.08.

BlackRock Capital Allocation Trust Trading Down 0.4 %

The firm has a 50-day moving average price of $15.02 and a two-hundred day moving average price of $15.37.

BlackRock Capital Allocation Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be paid a $0.104 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $1.25 annualized dividend and a yield of 8.97%.

Hedge Funds Weigh In On BlackRock Capital Allocation Trust

A number of large investors have recently made changes to their positions in BCAT. Amplius Wealth Advisors LLC boosted its holdings in shares of BlackRock Capital Allocation Trust by 37.9% in the 1st quarter. Amplius Wealth Advisors LLC now owns 2,478,092 shares of the company’s stock valued at $41,037,000 after purchasing an additional 680,661 shares in the last quarter. Karpus Management Inc. bought a new position in shares of BlackRock Capital Allocation Trust in the 4th quarter worth about $11,777,000. Sit Investment Associates Inc. grew its stake in shares of BlackRock Capital Allocation Trust by 49.0% in the 2nd quarter. Sit Investment Associates Inc. now owns 1,159,280 shares of the company’s stock valued at $16,983,000 after buying an additional 381,389 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of BlackRock Capital Allocation Trust in the 2nd quarter valued at about $2,458,000. Finally, Wolverine Asset Management LLC boosted its stake in BlackRock Capital Allocation Trust by 88.7% during the 1st quarter. Wolverine Asset Management LLC now owns 313,882 shares of the company’s stock valued at $5,197,000 after purchasing an additional 147,555 shares during the last quarter.

About BlackRock Capital Allocation Trust

(Get Rating)

Further Reading

Receive News & Ratings for BlackRock Capital Allocation Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Capital Allocation Trust and related companies with MarketBeat.com's FREE daily email newsletter.