North Ground Capital Trims Stock Holdings in BlackRock ESG Capital Allocation Term Trust $ECAT

North Ground Capital lowered its position in shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) by 41.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 285,000 shares of the company’s stock after selling 202,619 shares during the quarter. BlackRock ESG Capital Allocation Term Trust comprises approximately 2.9% of North Ground Capital’s portfolio, making the stock its 15th biggest position. North Ground Capital’s holdings in BlackRock ESG Capital Allocation Term Trust were worth $4,674,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its position in 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 valued at $51,000 after acquiring an additional 2,723 shares during the period. Mather Group LLC. purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the third quarter valued at approximately $75,000. Ameritas Advisory Services LLC purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the second quarter valued at approximately $84,000. World Investment Advisors purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth approximately $217,000. Finally, Fountainhead AM LLC grew its stake in shares of BlackRock ESG Capital Allocation Term Trust by 5.0% in the 2nd quarter. Fountainhead AM LLC now owns 15,850 shares of the company’s stock worth $255,000 after buying an additional 750 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Trading Down 0.3%

Shares of NYSE:ECAT opened at $15.90 on Monday. The stock has a fifty day simple moving average of $15.77 and a two-hundred day simple moving average of $16.19. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.35 and a 12-month high of $17.16.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $0.277 per share. This represents a c) annualized dividend and a yield of 20.9%. The ex-dividend date of this dividend is Friday, March 13th.

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.