Wolverine Asset Management LLC Invests $1.31 Million in BlackRock ESG Capital Allocation Term Trust $ECAT

Wolverine Asset Management LLC bought a new position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 85,368 shares of the company’s stock, valued at approximately $1,313,000.

Several other institutional investors also recently modified their holdings of ECAT. Keener Financial Planning LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $30,000. PNC Financial Services Group Inc. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $49,000. Geneos Wealth Management Inc. grew its position in shares of BlackRock ESG Capital Allocation Term Trust by 630.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock worth $51,000 after buying an additional 2,723 shares during the period. Triumph Capital Management acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at $62,000. Finally, Mather Group LLC. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at $75,000.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of ECAT stock opened at $14.94 on Wednesday. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.36 and a 12-month high of $17.14. The firm has a fifty day moving average of $14.42 and a 200-day moving average of $15.29.

BlackRock ESG Capital Allocation Term Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.2733 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 22.0%.

About BlackRock ESG Capital Allocation Term Trust

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.