BlackRock Capital Allocation Term Trust (NYSE:BCAT) Reaches New 1-Year Low – Here’s What Happened

Posted by Gary Stephens on Mar 18th, 2025

Shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $14.62 and last traded at $14.62, with a volume of 240692 shares. The stock had previously closed at $14.82.

BlackRock Capital Allocation Term Trust Trading Down 1.2 %

The stock has a 50-day simple moving average of $15.43 and a 200 day simple moving average of $15.88.

BlackRock Capital Allocation Term Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.2872 dividend. This represents a $3.45 dividend on an annualized basis and a yield of 23.54%. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Friday, March 14th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC acquired a new stake in BlackRock Capital Allocation Term Trust during the 4th quarter valued at $36,000. Anfield Capital Management LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the fourth quarter valued at $56,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of BlackRock Capital Allocation Term Trust during the fourth quarter valued at $112,000. Comerica Bank increased its position in BlackRock Capital Allocation Term Trust by 27.1% during the 4th quarter. Comerica Bank now owns 10,126 shares of the company’s stock worth $153,000 after purchasing an additional 2,157 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. acquired a new position in BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $158,000. 36.12% of the stock is owned by hedge funds and other institutional investors.