Penserra Capital Management LLC Increases Stock Holdings in BlackRock ESG Capital Allocation Term Trust $ECAT

Penserra Capital Management LLC boosted its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 13.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,238,092 shares of the company’s stock after acquiring an additional 151,210 shares during the period. Penserra Capital Management LLC’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $20,304,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ECAT. Jane Street Group LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust during the first quarter valued at $340,000. Ameritas Advisory Services LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 2nd quarter valued at about $84,000. Shaker Financial Services LLC bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 2nd quarter valued at about $615,000. Wedbush Securities Inc. grew its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 36.3% during the second quarter. Wedbush Securities Inc. now owns 43,535 shares of the company’s stock worth $699,000 after purchasing an additional 11,591 shares in the last quarter. Finally, Fountainhead AM LLC increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 5.0% in the second quarter. Fountainhead AM LLC now owns 15,850 shares of the company’s stock worth $255,000 after purchasing an additional 750 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.3%

Shares of ECAT opened at $15.32 on Thursday. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $13.35 and a 1-year high of $17.16. The firm’s 50 day simple moving average is $15.68 and its 200 day simple moving average is $16.12.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.277 per share. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 21.7%.

BlackRock ESG Capital Allocation Term Trust Company Profile

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.