BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT - Get Free Report) major shareholder Saba Capital Management, L.P. bought 55,980 shares of the company's stock in a transaction dated Monday, April 1st. The stock was purchased at an average cost of $17.34 per share, for a total transaction of $970,693.20. Following the completion of the acquisition, the insider now owns 28,552,727 shares in the company, valued at approximately $495,104,286.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% 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 Wednesday, March 27th, Saba Capital Management, L.P. bought 110,651 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was purchased at an average cost of $17.23 per share, for a total transaction of $1,906,516.73.
- On Monday, March 25th, Saba Capital Management, L.P. bought 40,881 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was purchased at an average cost of $17.09 per share, for a total transaction of $698,656.29.
- On Friday, March 22nd, Saba Capital Management, L.P. bought 35,187 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was purchased at an average cost of $17.02 per share, for a total transaction of $598,882.74.
- On Wednesday, March 20th, Saba Capital Management, L.P. bought 107,194 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was purchased at an average cost of $16.86 per share, for a total transaction of $1,807,290.84.
- On Monday, March 18th, Saba Capital Management, L.P. bought 77,855 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was purchased at an average cost of $16.68 per share, for a total transaction of $1,298,621.40.
- On Monday, March 11th, Saba Capital Management, L.P. bought 73,028 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was purchased at an average cost of $17.05 per share, for a total transaction of $1,245,127.40.
- On Thursday, March 7th, Saba Capital Management, L.P. bought 36,450 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was purchased at an average cost of $17.08 per share, for a total transaction of $622,566.00.
- On Thursday, February 29th, Saba Capital Management, L.P. purchased 49,946 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was bought at an average cost of $17.13 per share, for a total transaction of $855,574.98.
- On Monday, February 26th, Saba Capital Management, L.P. purchased 246,840 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was bought at an average cost of $17.08 per share, for a total transaction of $4,216,027.20.
- On Thursday, February 22nd, Saba Capital Management, L.P. purchased 43,233 shares of BlackRock ESG Capital Allocation Term Trust stock. The stock was bought at an average cost of $16.96 per share, for a total transaction of $733,231.68.
BlackRock ESG Capital Allocation Term Trust Price Performance
AI finds its first serious application
From Wall Street Star | Ad
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing.
Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Click here to learn more about the booming eHealth industry
BlackRock ESG Capital Allocation Term Trust stock opened at $17.01 on Thursday. BlackRock ESG Capital Allocation Term Trust has a twelve month low of $14.02 and a twelve month high of $17.40. The company's 50-day moving average price is $16.91 and its two-hundred day moving average price is $15.93.
BlackRock ESG Capital Allocation Term Trust Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a $0.15 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.80 annualized dividend and a yield of 10.58%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Americana Partners LLC raised its holdings in BlackRock ESG Capital Allocation Term Trust by 0.4% in the 4th quarter. Americana Partners LLC now owns 145,725 shares of the company's stock valued at $2,351,000 after acquiring an additional 646 shares during the period. Osaic Holdings Inc. grew its position in shares of BlackRock ESG Capital Allocation Term Trust by 1.7% during the 2nd quarter. Osaic Holdings Inc. now owns 45,490 shares of the company's stock worth $712,000 after purchasing an additional 754 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of BlackRock ESG Capital Allocation Term Trust by 3.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,782 shares of the company's stock worth $337,000 after purchasing an additional 758 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of BlackRock ESG Capital Allocation Term Trust by 791.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,782 shares of the company's stock worth $29,000 after purchasing an additional 1,582 shares in the last quarter. Finally, Northwest Financial Advisors acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 4th quarter worth approximately $27,000.
About BlackRock ESG Capital Allocation Term Trust
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
