Advisors Asset Management Inc. Buys 32,436 Shares of BlackRock ESG Capital Allocation Term Trust $ECAT

Advisors Asset Management Inc. raised its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 6.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 535,083 shares of the company’s stock after buying an additional 32,436 shares during the period. Advisors Asset Management Inc.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $8,775,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC raised its holdings in BlackRock ESG Capital Allocation Term Trust by 5.4% in the third quarter. Flagship Harbor Advisors LLC now owns 94,380 shares of the company’s stock worth $1,548,000 after buying an additional 4,829 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth $746,000. Ashton Thomas Private Wealth LLC purchased a new position in BlackRock ESG Capital Allocation Term Trust during the third quarter valued at approximately $164,000. Penserra Capital Management LLC raised its stake in BlackRock ESG Capital Allocation Term Trust by 13.9% during the 3rd quarter. Penserra Capital Management LLC now owns 1,238,092 shares of the company’s stock valued at $20,304,000 after purchasing an additional 151,210 shares during the period. Finally, Truist Financial Corp lifted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 1.9% in the third quarter. Truist Financial Corp now owns 34,169 shares of the company’s stock worth $560,000 after buying an additional 628 shares in the last quarter.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.2%

NYSE:ECAT opened at $15.58 on Thursday. The stock’s 50 day simple moving average is $15.62 and its two-hundred day simple moving average is $16.09. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.35 and a 1 year high of $17.16.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.277 dividend. This represents a c) annualized dividend and a yield of 21.3%. The ex-dividend date of this dividend is Friday, March 13th.

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.