BlackRock Capital Allocation Term Trust (NYSE:BCAT) Sets New 52-Week Low – Time to Sell?

Posted by Matthew Tipps on Mar 18th, 2025

BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $14.62 and last traded at $14.62, with a volume of 240692 shares traded. The stock had previously closed at $14.82.

BlackRock Capital Allocation Term Trust Stock Down 1.2 %

The business has a 50 day simple moving average of $15.43 and a 200-day simple moving average of $15.88.

BlackRock Capital Allocation Term Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.2872 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10. This represents a $3.45 annualized dividend and a dividend yield of 23.54%.

Institutional Trading of BlackRock Capital Allocation Term Trust

Several institutional investors have recently made changes to their positions in BCAT. Oppenheimer & Co. Inc. grew its position in BlackRock Capital Allocation Term Trust by 10.9% during the third quarter. Oppenheimer & Co. Inc. now owns 57,248 shares of the company’s stock valued at $942,000 after acquiring an additional 5,618 shares during the period. Thrivent Financial for Lutherans purchased a new stake in shares of BlackRock Capital Allocation Term Trust during the 3rd quarter worth about $398,000. Prospera Financial Services Inc increased its position in BlackRock Capital Allocation Term Trust by 5.0% during the 3rd quarter. Prospera Financial Services Inc now owns 23,693 shares of the company’s stock worth $390,000 after purchasing an additional 1,137 shares in the last quarter. Penserra Capital Management LLC purchased a new position in BlackRock Capital Allocation Term Trust in the third quarter valued at approximately $15,901,000. Finally, Walleye Capital LLC acquired a new position in BlackRock Capital Allocation Term Trust during the third quarter valued at approximately $234,000. 36.12% of the stock is owned by hedge funds and other institutional investors.