Ameriprise Financial Inc. Has $675,000 Holdings in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Posted by Editorial Team on Jun 4th, 2025

Ameriprise Financial Inc. boosted its stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report) by 1.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 44,528 shares of the company’s stock after purchasing an additional 844 shares during the quarter. Ameriprise Financial Inc.’s holdings in BlackRock Capital Allocation Term Trust were worth $675,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $36,000. Anfield Capital Management LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $56,000. Comerica Bank increased its holdings in shares of BlackRock Capital Allocation Term Trust by 27.1% in the 4th quarter. Comerica Bank now owns 10,126 shares of the company’s stock valued at $153,000 after purchasing an additional 2,157 shares during the period. Cutter & CO Brokerage Inc. acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $158,000. Finally, Private Advisor Group LLC acquired a new position in shares of BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $158,000. Institutional investors and hedge funds own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Price Performance

Shares of NYSE BCAT opened at $15.03 on Wednesday. The business has a 50 day simple moving average of $14.40 and a 200 day simple moving average of $15.13. BlackRock Capital Allocation Term Trust has a 52 week low of $12.91 and a 52 week high of $17.06.

BlackRock Capital Allocation Term Trust Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were paid a $0.2813 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.38 annualized dividend and a dividend yield of 22.46%.