Kingswood Wealth Advisors LLC Lowers Stake in BlackRock Capital Allocation Term Trust $BCAT

Kingswood Wealth Advisors LLC lowered its stake in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 11.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,401 shares of the company’s stock after selling 3,345 shares during the period. Kingswood Wealth Advisors LLC’s holdings in BlackRock Capital Allocation Term Trust were worth $400,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of BCAT. NBC Securities Inc. lifted its holdings in BlackRock Capital Allocation Term Trust by 151,600.0% during the first quarter. NBC Securities Inc. now owns 3,034 shares of the company’s stock worth $43,000 after buying an additional 3,032 shares during the period. Noble Wealth Management PBC purchased a new stake in BlackRock Capital Allocation Term Trust during the first quarter worth $32,000. Insigneo Advisory Services LLC purchased a new stake in BlackRock Capital Allocation Term Trust during the first quarter worth $225,000. Advisor Resource Council acquired a new position in shares of BlackRock Capital Allocation Term Trust during the first quarter worth $1,482,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of BlackRock Capital Allocation Term Trust by 6.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 164,392 shares of the company’s stock worth $2,367,000 after purchasing an additional 10,594 shares in the last quarter. Hedge funds and other institutional investors own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Stock Down 0.7%

Shares of BCAT stock opened at $14.75 on Friday. The business’s fifty day simple moving average is $14.91 and its 200-day simple moving average is $14.76. BlackRock Capital Allocation Term Trust has a 12-month low of $12.91 and a 12-month high of $16.65.

BlackRock Capital Allocation Term Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a dividend of $0.2675 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 21.8%.

BlackRock Capital Allocation Term Trust Profile

–