BlackRock Capital Allocation Trust (NYSE:BCAT) Sees Strong Trading Volume

BlackRock Capital Allocation Trust (NYSE:BCAT – Get Rating) saw an uptick in trading volume on Thursday . 28,191 shares were traded during mid-day trading, a decline of 91% from the previous session’s volume of 314,515 shares.The stock last traded at $15.59 and had previously closed at $15.49.

The company’s 50 day moving average price is $16.39 and its 200 day moving average price is $18.06.

The company also recently declared a monthly dividend, which was paid on Friday, April 29th. Investors of record on Thursday, April 14th were paid a $0.104 dividend. The ex-dividend date of this dividend was Wednesday, April 13th. This represents a $1.25 dividend on an annualized basis and a yield of 8.02%.

Institutional investors have recently modified their holdings of the stock. Lindbrook Capital LLC purchased a new position in BlackRock Capital Allocation Trust in the fourth quarter worth approximately $103,000. Blue Bell Private Wealth Management LLC purchased a new position in BlackRock Capital Allocation Trust in the first quarter worth approximately $114,000. Ahrens Investment Partners LLC purchased a new position in BlackRock Capital Allocation Trust in the fourth quarter worth approximately $144,000. Activest Wealth Management purchased a new position in BlackRock Capital Allocation Trust in the fourth quarter worth approximately $145,000. Finally, Cetera Advisor Networks LLC purchased a new position in BlackRock Capital Allocation Trust in the third quarter worth approximately $200,000.

BlackRock Capital Allocation Trust Company Profile (NYSE:BCAT)

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