Tower Research Capital LLC TRC Has $29,000 Holdings in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Tower Research Capital LLC TRC boosted its holdings in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 791.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,782 shares of the company’s stock after buying an additional 1,582 shares during the quarter. Tower Research Capital LLC TRC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $29,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Saba Capital Management L.P. lifted its position in BlackRock ESG Capital Allocation Term Trust by 15.7% during the 3rd quarter. Saba Capital Management L.P. now owns 15,335,732 shares of the company’s stock worth $226,815,000 after acquiring an additional 2,077,944 shares during the last quarter. Advisor Partners II LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $5,594,000. UBS Group AG increased its position in BlackRock ESG Capital Allocation Term Trust by 18.1% in the 3rd quarter. UBS Group AG now owns 802,110 shares of the company’s stock worth $11,863,000 after buying an additional 123,201 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 27.1% during the third quarter. Advisors Asset Management Inc. now owns 473,449 shares of the company’s stock worth $7,002,000 after buying an additional 101,079 shares during the last quarter. Finally, Apexium Financial LP bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at approximately $1,613,000.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. acquired 98,842 shares of BlackRock ESG Capital Allocation Term Trust stock in a transaction on Wednesday, February 7th. The stock was bought at an average price of $16.75 per share, for a total transaction of $1,655,603.50. Following the transaction, the insider now owns 25,937,542 shares of the company’s stock, valued at $434,453,828.50. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders purchased 1,471,895 shares of company stock valued at $24,913,495.

BlackRock ESG Capital Allocation Term Trust Trading Up 1.5 %

ECAT stock traded up $0.25 on Friday, reaching $16.65. 164,005 shares of the company were exchanged, compared to its average volume of 240,337. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $14.02 and a 12 month high of $17.40. The stock’s fifty day moving average price is $16.77 and its 200 day moving average price is $16.19.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.80 annualized dividend and a dividend yield of 10.81%.

About BlackRock ESG Capital Allocation Term Trust

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.