BlackRock Capital Allocation Trust (NYSE:BCAT) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its holdings in BlackRock Capital Allocation Trust (NYSE:BCATGet Rating) by 24.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,845 shares of the company’s stock after purchasing an additional 2,700 shares during the period. Oppenheimer & Co. Inc.’s holdings in BlackRock Capital Allocation Trust were worth $203,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in BCAT. WASHINGTON TRUST Co acquired a new position in shares of BlackRock Capital Allocation Trust in the second quarter worth about $56,000. Carolinas Wealth Consulting LLC acquired a new position in shares of BlackRock Capital Allocation Trust in the first quarter worth about $79,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of BlackRock Capital Allocation Trust in the first quarter worth about $178,000. Cetera Advisors LLC acquired a new position in shares of BlackRock Capital Allocation Trust in the first quarter worth about $208,000. Finally, Childress Capital Advisors LLC acquired a new position in shares of BlackRock Capital Allocation Trust in the first quarter worth about $217,000.

BlackRock Capital Allocation Trust Stock Performance

BCAT stock opened at $14.28 on Friday. The firm has a 50 day simple moving average of $14.03 and a 200 day simple moving average of $14.72. BlackRock Capital Allocation Trust has a 52 week low of $13.32 and a 52 week high of $19.90.

BlackRock Capital Allocation Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 30th. Investors of record on Tuesday, November 15th will be issued a dividend of $0.104 per share. This represents a $1.25 annualized dividend and a dividend yield of 8.74%. The ex-dividend date is Monday, November 14th.

BlackRock Capital Allocation Trust Company Profile

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Institutional Ownership by Quarter for BlackRock Capital Allocation Trust (NYSE:BCAT)

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