BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) to Issue Monthly Dividend of $0.27

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be given a dividend of 0.2733 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 21.1%. The ex-dividend date is Monday, June 15th.

BlackRock ESG Capital Allocation Term Trust Trading Up 2.1%

Shares of ECAT stock traded up $0.32 during trading hours on Friday, hitting $15.51. The company had a trading volume of 661,703 shares, compared to its average volume of 541,029. BlackRock ESG Capital Allocation Term Trust has a 12 month low of $13.36 and a 12 month high of $17.14. The firm’s fifty day moving average is $15.02 and its 200 day moving average is $15.15.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Large investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the first quarter valued at $340,000. Cetera Investment Advisers bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 2nd quarter worth about $340,000. Ameriprise Financial Inc. increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 72.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 452,028 shares of the company’s stock worth $7,260,000 after purchasing an additional 190,270 shares in the last quarter. Bank of America Corp DE increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 23.7% during the 2nd quarter. Bank of America Corp DE now owns 739,424 shares of the company’s stock worth $11,875,000 after purchasing an additional 141,566 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in BlackRock ESG Capital Allocation Term Trust by 630.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock valued at $51,000 after purchasing an additional 2,723 shares during the last quarter.

About BlackRock ESG Capital Allocation Term Trust

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.