Jane Street Group LLC Has $301,000 Position in BlackRock Capital Allocation Term Trust (NYSE:BCAT)

Jane Street Group LLC decreased its position in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT) by 31.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,280 shares of the company’s stock after selling 8,293 shares during the quarter. Jane Street Group LLC’s holdings in BlackRock Capital Allocation Term Trust were worth $301,000 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. Fountainhead AM LLC boosted its holdings in BlackRock Capital Allocation Term Trust by 2.1% in the third quarter. Fountainhead AM LLC now owns 53,570 shares of the company’s stock valued at $881,000 after acquiring an additional 1,095 shares during the last quarter. Prospera Financial Services Inc grew its position in shares of BlackRock Capital Allocation Term Trust by 5.0% during the 3rd quarter. Prospera Financial Services Inc now owns 23,693 shares of the company’s stock worth $390,000 after buying an additional 1,137 shares during the period. Mathes Company Inc. raised its stake in shares of BlackRock Capital Allocation Term Trust by 6.0% during the third quarter. Mathes Company Inc. now owns 96,500 shares of the company’s stock worth $1,587,000 after buying an additional 5,500 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in BlackRock Capital Allocation Term Trust by 10.9% in the third quarter. Oppenheimer & Co. Inc. now owns 57,248 shares of the company’s stock valued at $942,000 after buying an additional 5,618 shares during the period. Finally, Ashton Thomas Securities LLC bought a new position in BlackRock Capital Allocation Term Trust in the third quarter valued at approximately $156,000. 36.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at BlackRock Capital Allocation Term Trust

In other BlackRock Capital Allocation Term Trust news, major shareholder Saba Capital Management, L.P. sold 166,128 shares of the stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $16.60, for a total value of $2,757,724.80. Following the completion of the sale, the insider now directly owns 15,096,159 shares in the company, valued at $250,596,239.40. This represents a 1.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 273,741 shares of company stock worth $4,510,528.

BlackRock Capital Allocation Term Trust Stock Up 0.7 %

BCAT opened at $15.47 on Friday. The company has a fifty day moving average price of $15.89 and a two-hundred day moving average price of $16.19. BlackRock Capital Allocation Term Trust has a 52 week low of $14.81 and a 52 week high of $17.18.

BlackRock Capital Allocation Term Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.2891 per share. The ex-dividend date is Wednesday, January 15th. This represents a $3.47 dividend on an annualized basis and a yield of 22.43%. This is a boost from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10.

BlackRock Capital Allocation Term Trust Company Profile

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