Envestnet Asset Management Inc. Acquires Shares of 45,460 BlackRock ESG Capital Allocation Term Trust $ECAT

Envestnet Asset Management Inc. acquired a new stake in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 45,460 shares of the company’s stock, valued at approximately $746,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ECAT. Geneos Wealth Management Inc. grew its stake in BlackRock ESG Capital Allocation Term Trust by 630.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock valued at $51,000 after acquiring an additional 2,723 shares during the period. Mather Group LLC. acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the third quarter valued at about $75,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter worth about $164,000. World Investment Advisors acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $217,000. Finally, Fountainhead AM LLC raised its position in shares of BlackRock ESG Capital Allocation Term Trust by 5.0% during the 2nd quarter. Fountainhead AM LLC now owns 15,850 shares of the company’s stock worth $255,000 after purchasing an additional 750 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Trading Down 0.9%

ECAT stock opened at $14.83 on Thursday. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.35 and a 12-month high of $17.14. The business’s 50-day moving average is $15.44 and its 200 day moving average is $15.94.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.2733 per share. This represents a c) annualized dividend and a dividend yield of 22.1%. The ex-dividend date is Monday, June 15th.

About BlackRock ESG Capital Allocation Term Trust

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.