85,368 Shares in BlackRock ESG Capital Allocation Term Trust $ECAT Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 85,368 shares of the company’s stock, valued at approximately $1,313,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Formidable Asset Management LLC increased its position in BlackRock ESG Capital Allocation Term Trust by 59.6% in the third quarter. Formidable Asset Management LLC now owns 226,191 shares of the company’s stock worth $3,633,000 after purchasing an additional 84,461 shares during the period. Penserra Capital Management LLC increased its position in BlackRock ESG Capital Allocation Term Trust by 13.9% in the third quarter. Penserra Capital Management LLC now owns 1,238,092 shares of the company’s stock worth $20,304,000 after purchasing an additional 151,210 shares during the period. Envestnet Asset Management Inc. acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the third quarter worth about $746,000. Wedbush Securities Inc. increased its position in BlackRock ESG Capital Allocation Term Trust by 102.3% in the third quarter. Wedbush Securities Inc. now owns 88,059 shares of the company’s stock worth $1,444,000 after purchasing an additional 44,524 shares during the period. Finally, Alpine Global Management LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the third quarter worth about $2,460,000.

BlackRock ESG Capital Allocation Term Trust Stock Up 0.4%

ECAT opened at $14.94 on Wednesday. The company has a fifty day moving average price of $14.42 and a two-hundred day moving average price of $15.29. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $13.36 and a 52 week high of $17.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.2733 per share. This represents a c) dividend on an annualized basis and a yield of 22.0%. The ex-dividend date of this dividend is Monday, June 15th.

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.