Wealth Effects LLC Invests $520,000 in BlackRock ESG Capital Allocation Term Trust $ECAT

Wealth Effects LLC purchased a new position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 38,310 shares of the company’s stock, valued at approximately $520,000.

A number of other large investors also recently bought and sold shares of the business. PNC Financial Services Group Inc. bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter valued at approximately $49,000. Geneos Wealth Management Inc. boosted its position in shares of BlackRock ESG Capital Allocation Term Trust by 630.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock worth $51,000 after purchasing an additional 2,723 shares in the last quarter. Tucker Asset Management LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth approximately $53,000. Triumph Capital Management purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth approximately $62,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth approximately $65,000.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.5%

ECAT stock opened at $15.36 on Friday. The business has a 50 day moving average of $15.20 and a 200 day moving average of $15.11. BlackRock ESG Capital Allocation Term Trust has a twelve month low of $13.36 and a twelve month high of $17.14.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.2688 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 21.0%.

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.