Winebrenner Capital Management LLC Takes Position in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Posted by Mitch Edgeman on Feb 22nd, 2025

Winebrenner Capital Management LLC bought a new stake in BlackRock Capital Allocation Term Trust (NYSE:BCAT – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 45,000 shares of the company’s stock, valued at approximately $682,000.

Other large investors also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB bought a new position in BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $112,000. Ashton Thomas Securities LLC bought a new position in BlackRock Capital Allocation Term Trust in the 3rd quarter valued at about $156,000. Private Advisor Group LLC bought a new position in BlackRock Capital Allocation Term Trust in the 4th quarter valued at about $158,000. Walleye Capital LLC bought a new position in BlackRock Capital Allocation Term Trust in the 3rd quarter valued at about $234,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in BlackRock Capital Allocation Term Trust in the 3rd quarter valued at about $238,000. 36.12% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Capital Allocation Term Trust Stock Down 0.7 %

Shares of NYSE BCAT opened at $15.37 on Friday. BlackRock Capital Allocation Term Trust has a fifty-two week low of $15.00 and a fifty-two week high of $17.18. The firm’s 50-day simple moving average is $15.51 and its 200 day simple moving average is $16.00.

BlackRock Capital Allocation Term Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.2882 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.46 annualized dividend and a dividend yield of 22.51%. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10.