D.A. Davidson & CO. Decreases Position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

D.A. Davidson & CO. decreased its stake in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 2.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 38,038 shares of the company’s stock after selling 1,046 shares during the quarter. D.A. Davidson & CO.’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $624,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Arete Wealth Advisors LLC boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 5.3% in the third quarter. Arete Wealth Advisors LLC now owns 14,157 shares of the company’s stock valued at $251,000 after purchasing an additional 708 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in BlackRock ESG Capital Allocation Term Trust in the third quarter valued at about $27,000. Janney Montgomery Scott LLC boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 10.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 27,541 shares of the company’s stock valued at $452,000 after purchasing an additional 2,632 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 1.0% in the third quarter. Oppenheimer & Co. Inc. now owns 274,525 shares of the company’s stock valued at $4,870,000 after purchasing an additional 2,805 shares during the last quarter. Finally, Americana Partners LLC boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 2.3% in the fourth quarter. Americana Partners LLC now owns 140,287 shares of the company’s stock valued at $2,301,000 after purchasing an additional 3,210 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of ECAT opened at $16.50 on Tuesday. BlackRock ESG Capital Allocation Term Trust has a one year low of $15.95 and a one year high of $18.14. The stock has a 50-day moving average price of $16.71 and a 200 day moving average price of $17.17.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.307 per share. This represents a $3.68 annualized dividend and a yield of 22.33%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock ESG Capital Allocation Term Trust Company 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.