ECAT Insider L.P. Saba Capital Management Sells $625K of Stock
L.P. Saba Capital Management sold 40,481 shares of ECAT for about $625,431 on June 18, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
L.P. Saba Capital Management sold 40,481 shares of BlackRock ESG Capital Allocation Term Trust ($ECAT) at an average price of $15.45, worth about $625,431.45, on June 18, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ECAT is down 0.1% after 1 week, up 1.3% after 1 month and down 8.1% to date (from the $14.38 close on Jun 18, 2026).
ECAT
BlackRock ESG Capital Allocation Term Trust
Key Points
- L.P. Saba Capital Management sold 40,481 shares of BlackRock ESG Capital Allocation Term Trust, valued at approximately $625,431, on June 18, 2026.
- The stock closed at $15.47 on the day of the trade, sitting between its 52-week range of $13.36 to $16.73.
- Saba Capital Management's recent trades include multiple share sales of BlackRock ESG Capital Allocation Term Trust, adding to a history of offloading shares.
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L.P. Saba Capital Management sold 40,481 shares of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) for about $625,431 on June 18, 2026. This sale occurred at an average price of $15.45 per share, just below the stock's closing price of $15.47 on that day.
This sale continues a trend for Saba Capital, which has been actively selling shares of the trust. The fund's total holdings now stand at 75,754 shares after this recent trade, valued at approximately $1.16 million.
Saba Capital Management has been involved in multiple transactions involving BlackRock ESG Capital Allocation Term Trust recently. Just before this sale, the firm sold 111,896 shares on June 24, 2026, and 91,365 shares on June 23, 2026, indicating a consistent strategy of reducing its stake in the fund. The firm also sold 111,432 shares on June 25, 2026, further demonstrating its active trading approach.
BlackRock ESG Capital Allocation Term Trust operates in the financial services sector, specifically focusing on asset management. The stock has been trading in a range that reflects some volatility, with a 52-week low of $13.36 and a high of $16.73.
Looking ahead, investors will want to watch for further trades from Saba Capital Management, especially as the firm has been active in adjusting its position in BlackRock ESG Capital Allocation Term Trust. The next earnings report for the trust is set for September 1, 2025, which could provide further insights into its performance and strategy.
Related Filing Alerts
Source: L.P. Saba Capital Management's Form 4 filing on $ECAT (Jun 18, 2026). Find the original filing: ECAT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts