UBS Group AG Purchases 58,792 Shares of BlackRock ESG Capital Allocation Trust (NYSE:ECAT)

UBS Group AG grew its position in shares of BlackRock ESG Capital Allocation Trust (NYSE:ECAT – Get Rating) by 14.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 479,717 shares of the company’s stock after purchasing an additional 58,792 shares during the quarter. UBS Group AG’s holdings in BlackRock ESG Capital Allocation Trust were worth $6,443,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. D.A. Davidson & CO. acquired a new stake in shares of BlackRock ESG Capital Allocation Trust during the 3rd quarter worth approximately $156,000. Oppenheimer & Co. Inc. bought a new stake in shares of BlackRock ESG Capital Allocation Trust during the fourth quarter worth about $162,000. Park Avenue Securities LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Trust in the fourth quarter worth approximately $170,000. Envestnet Asset Management Inc. purchased a new position in BlackRock ESG Capital Allocation Trust during the 2nd quarter worth $179,000. Finally, Creative Planning purchased a new stake in shares of BlackRock ESG Capital Allocation Trust in the third quarter valued at about $202,000.

BlackRock ESG Capital Allocation Trust Stock Performance

Shares of NYSE ECAT opened at $15.17 on Friday. BlackRock ESG Capital Allocation Trust has a twelve month low of $12.74 and a twelve month high of $15.67. The stock’s 50 day moving average price is $15.23 and its 200-day moving average price is $14.59.

BlackRock ESG Capital Allocation Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Investors of record on Monday, May 15th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, May 12th. This represents a $1.50 annualized dividend and a yield of 9.89%.

Insider Buying and Selling

In other BlackRock ESG Capital Allocation Trust news, major shareholder Saba Capital Management, L.P. acquired 325,623 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was bought at an average cost of $15.33 per share, with a total value of $4,991,800.59. Following the acquisition, the insider now owns 11,935,822 shares in the company, valued at $182,976,151.26. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders purchased 745,080 shares of company stock worth $11,474,830.

BlackRock ESG Capital Allocation Trust Company Profile

(Get Rating)

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.