BlackRock ESG Capital Allocation Term Trust $ECAT Shares Sold by Alpine Global Management LLC

Alpine Global Management LLC trimmed its position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 33.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the company’s stock after selling 50,000 shares during the quarter. Alpine Global Management LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $1,538,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. raised its stake in BlackRock ESG Capital Allocation Term Trust by 72.7% during the second quarter. Ameriprise Financial Inc. now owns 452,028 shares of the company’s stock worth $7,260,000 after acquiring an additional 190,270 shares during the period. Royal Bank of Canada lifted its holdings in BlackRock ESG Capital Allocation Term Trust by 14.4% in the fourth quarter. Royal Bank of Canada now owns 1,213,175 shares of the company’s stock worth $18,659,000 after acquiring an additional 152,844 shares during the last quarter. Bank of America Corp DE boosted its stake in BlackRock ESG Capital Allocation Term Trust by 23.7% in the second quarter. Bank of America Corp DE now owns 739,424 shares of the company’s stock valued at $11,875,000 after acquiring an additional 141,566 shares during the period. Evolve Private Wealth LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at approximately $1,589,000. Finally, Wells Fargo & Company MN boosted its position in BlackRock ESG Capital Allocation Term Trust by 19.5% during the 4th quarter. Wells Fargo & Company MN now owns 564,585 shares of the company’s stock valued at $8,683,000 after purchasing an additional 92,094 shares during the period.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of ECAT opened at $15.47 on Friday. The stock has a fifty day moving average price of $15.13 and a 200 day moving average price of $15.13. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $13.36 and a 12 month high of $17.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.2688 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 20.8%.

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.