BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 86,065 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were bought at an average price of $15.05 per share, for a total transaction of $1,295,278.25. Following the acquisition, the insider now owns 14,385,977 shares in the company, valued at approximately $216,508,953.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Saba Capital Management, L.P. also recently made the following trade(s):
- On Tuesday, September 12th, Saba Capital Management, L.P. acquired 39,924 shares of BlackRock ESG Capital Allocation Term Trust stock. The shares were bought at an average price of $15.18 per share, for a total transaction of $606,046.32.
- On Thursday, September 7th, Saba Capital Management, L.P. acquired 22,519 shares of BlackRock ESG Capital Allocation Term Trust stock. The shares were bought at an average price of $15.23 per share, for a total transaction of $342,964.37.
- On Tuesday, September 5th, Saba Capital Management, L.P. bought 11,945 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was acquired at an average price of $15.39 per share, with a total value of $183,833.55.
- On Wednesday, August 30th, Saba Capital Management, L.P. bought 54,302 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was acquired at an average price of $15.48 per share, with a total value of $840,594.96.
- On Monday, August 28th, Saba Capital Management, L.P. bought 6,542 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was acquired at an average price of $15.21 per share, with a total value of $99,503.82.
- On Friday, August 25th, Saba Capital Management, L.P. bought 136,493 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was acquired at an average price of $15.20 per share, with a total value of $2,074,693.60.
- On Wednesday, August 23rd, Saba Capital Management, L.P. purchased 97,606 shares of BlackRock ESG Capital Allocation Term Trust stock. The shares were bought at an average price of $15.17 per share, with a total value of $1,480,683.02.
- On Monday, August 21st, Saba Capital Management, L.P. purchased 243,551 shares of BlackRock ESG Capital Allocation Term Trust stock. The shares were bought at an average price of $15.10 per share, with a total value of $3,677,620.10.
- On Friday, August 18th, Saba Capital Management, L.P. purchased 12,498 shares of BlackRock ESG Capital Allocation Term Trust stock. The shares were bought at an average price of $15.05 per share, with a total value of $188,094.90.
- On Thursday, July 6th, Saba Capital Management, L.P. purchased 21,823 shares of BlackRock ESG Capital Allocation Term Trust stock. The shares were bought at an average price of $15.61 per share, with a total value of $340,657.03.
BlackRock ESG Capital Allocation Term Trust Stock Performance
Shares of NYSE ECAT opened at $15.02 on Tuesday. The business’s 50-day moving average price is $15.51 and its two-hundred day moving average price is $15.37. BlackRock ESG Capital Allocation Term Trust has a one year low of $12.74 and a one year high of $16.10.
BlackRock ESG Capital Allocation Term Trust Dividend Announcement
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of ECAT. Almitas Capital LLC increased its stake in shares of BlackRock ESG Capital Allocation Term Trust by 333.8% during the 4th quarter. Almitas Capital LLC now owns 1,749,189 shares of the company’s stock worth $23,492,000 after purchasing an additional 1,345,929 shares during the last quarter. Morgan Stanley increased its stake in shares of BlackRock ESG Capital Allocation Term Trust by 20.9% during the 4th quarter. Morgan Stanley now owns 5,728,784 shares of the company’s stock worth $76,938,000 after purchasing an additional 992,116 shares during the last quarter. Sit Investment Associates Inc. increased its stake in shares of BlackRock ESG Capital Allocation Term Trust by 64.4% during the 2nd quarter. Sit Investment Associates Inc. now owns 1,781,941 shares of the company’s stock worth $27,905,000 after purchasing an additional 697,851 shares during the last quarter. Logan Stone Capital LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth $4,834,000. Finally, City of London Investment Management Co. Ltd. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth $4,360,000.
BlackRock ESG Capital Allocation Term Trust Company Profile
BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.
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