Saba Capital Management Sells Shares in BlackRock ESG Capital Trust
On June 16, 2026, Saba Capital Management sold 59,471 shares of BlackRock ESG Capital Trust, valued at $918,826.95.
Key Points
- Saba Capital Management sold 59,471 shares of BlackRock ESG Capital Trust on June 16, 2026, at an average price of $15.45, totaling $918,826.95.
- Shares of BlackRock ESG Capital Trust traded at $15.36, with a market cap of $1.53 billion and a P/E ratio of 7.17.
- Institutional activity included Morgan Stanley adding 37,517 shares to hold 2,204,468 shares worth $29.9 million.
On June 16, 2026, Saba Capital Management sold 59,471 shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) at an average price of $15.45. The transaction was valued at approximately $918,826.95. This insider transaction was not part of a pre-planned trading program.
Insider Buying and Selling at BlackRock ESG Capital Allocation Term Trust
Saba Capital Management made several sales of BlackRock ESG Capital Allocation Term Trust shares in June 2026. On June 16, they sold 59,471 shares at $15.45 each. Earlier, on June 15, they sold 59,449 shares at $15.49. On June 12, they sold 19,611 shares at the same price. The largest sale occurred on June 11, with 188,006 shares sold at $15.17. Additional sales included 116,920 shares on June 10 at $15.23 and 28,265 shares on June 9 at $15.33.
Other Institutional Activity in BlackRock ESG Capital Allocation Term Trust
Institutional investors have been active in BlackRock ESG Capital Allocation Term Trust. Morgan Stanley increased its holdings by 37,517 shares, bringing its total to 2,204,468 shares worth around $29.9 million. Penserra Capital Management boosted its stake by 94,638 shares, ending with 1,459,010 shares valued at $19.8 million. Meanwhile, BlackRock, Inc. added 5,000 shares, totaling 1,233,545 shares with a value of $16.8 million. Royal Bank of Canada and Invesco Ltd. also increased their positions slightly.
BlackRock ESG Capital Allocation Term Trust Stock Snapshot
Shares of BlackRock ESG Capital Allocation Term Trust are trading near $15.36. The company has a market capitalization of approximately $1.53 billion and a P/E ratio of 7.17. Its stock has ranged from a 52-week low of $13.36 to a high of $17.14. The 50-day moving average stands at $15.08, while the 200-day moving average is $15.49.
Dividend
BlackRock ESG Capital Allocation Term Trust offers a dividend rate of $3.23 per share, yielding 20.92%. The dividend payout ratio is 1.6452, reflecting its high yield strategy.
About BlackRock ESG Capital Allocation Term Trust
BlackRock ESG Capital Allocation Term Trust is a financial services company specializing in asset management. Headquartered in New York, NY, the trust is managed by CEO Mr. John M. Perlowski, CPA. The company focuses on sustainable investments, aligning with environmental, social, and governance (ESG) criteria.
Bottom Line
Saba Capital Management's recent sale of shares in BlackRock ESG Capital Allocation Term Trust underscores ongoing insider activity. Investors often watch such transactions for potential insights into company performance. However, it's important to note that insider trades like these are disclosed after they occur and may not reflect the current position or future intentions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.