Bfsg LLC Purchases Shares of 2,741 BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Bfsg LLC purchased a new stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,741 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors have also bought and sold shares of the company. Camelot Portfolios LLC boosted its position in BlackRock Capital Allocation Term Trust by 4.3% during the fourth quarter. Camelot Portfolios LLC now owns 24,500 shares of the company’s stock valued at $366,000 after acquiring an additional 1,000 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in BlackRock Capital Allocation Term Trust by 6.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 25,074 shares of the company’s stock valued at $363,000 after acquiring an additional 1,589 shares during the last quarter. Claro Advisors LLC boosted its position in BlackRock Capital Allocation Term Trust by 9.9% during the fourth quarter. Claro Advisors LLC now owns 17,736 shares of the company’s stock valued at $265,000 after acquiring an additional 1,603 shares during the last quarter. Sugarloaf Wealth Management LLC bought a new stake in BlackRock Capital Allocation Term Trust during the fourth quarter valued at $25,000. Finally, Consolidated Portfolio Review Corp boosted its position in BlackRock Capital Allocation Term Trust by 2.3% during the fourth quarter. Consolidated Portfolio Review Corp now owns 89,622 shares of the company’s stock valued at $1,340,000 after acquiring an additional 2,017 shares during the last quarter. Institutional investors own 36.12% of the company’s stock.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. acquired 8,476 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were purchased at an average price of $15.40 per share, for a total transaction of $130,530.40. Following the completion of the acquisition, the insider now owns 14,476,448 shares of the company’s stock, valued at $222,937,299.20. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders have purchased 1,568,050 shares of company stock worth $24,609,178.

BlackRock Capital Allocation Term Trust Stock Down 0.3 %

Shares of BCAT opened at $15.39 on Friday. The firm’s fifty day simple moving average is $15.79 and its two-hundred day simple moving average is $15.15. BlackRock Capital Allocation Term Trust has a 12 month low of $13.67 and a 12 month high of $16.82.

BlackRock Capital Allocation Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be issued a dividend of $0.127 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.52 annualized dividend and a dividend yield of 9.90%.

BlackRock Capital Allocation Term Trust Profile

–