Truist Financial Corp Boosts Stock Position in BlackRock ESG Capital Allocation Trust (NYSE:ECAT)

Truist Financial Corp increased its stake in BlackRock ESG Capital Allocation Trust (NYSE:ECATGet Rating) by 36.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,600 shares of the company’s stock after purchasing an additional 9,800 shares during the quarter. Truist Financial Corp’s holdings in BlackRock ESG Capital Allocation Trust were worth $469,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wedbush Securities Inc. bought a new position in BlackRock ESG Capital Allocation Trust in the 2nd quarter worth about $532,000. Allspring Global Investments Holdings LLC bought a new stake in BlackRock ESG Capital Allocation Trust during the 2nd quarter worth approximately $2,454,000. Matisse Capital purchased a new stake in BlackRock ESG Capital Allocation Trust in the 2nd quarter worth approximately $1,302,000. Blue Bell Private Wealth Management LLC boosted its holdings in BlackRock ESG Capital Allocation Trust by 79.2% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 85,982 shares of the company’s stock valued at $1,230,000 after purchasing an additional 37,992 shares during the period. Finally, Wolverine Asset Management LLC grew its position in shares of BlackRock ESG Capital Allocation Trust by 44.2% during the 2nd quarter. Wolverine Asset Management LLC now owns 417,258 shares of the company’s stock valued at $5,970,000 after purchasing an additional 127,952 shares in the last quarter.

BlackRock ESG Capital Allocation Trust Stock Performance

BlackRock ESG Capital Allocation Trust stock opened at $14.65 on Tuesday. The business has a 50-day simple moving average of $13.99 and a 200 day simple moving average of $14.07. BlackRock ESG Capital Allocation Trust has a 52 week low of $12.74 and a 52 week high of $18.00.

BlackRock ESG Capital Allocation Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, January 31st. Investors of record on Friday, January 13th will be paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 8.19%. The ex-dividend date of this dividend is Thursday, January 12th.

Insider Buying and Selling at BlackRock ESG Capital Allocation Trust

In related news, Portfolio Manager Richard M. Rieder bought 14,850 shares of the business’s stock in a transaction that occurred on Wednesday, December 28th. The stock was bought at an average cost of $13.40 per share, for a total transaction of $198,990.00. Following the completion of the transaction, the portfolio manager now owns 34,850 shares of the company’s stock, valued at $466,990. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

BlackRock ESG Capital Allocation Trust Company Profile

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BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.

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

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