Saba Capital Reduces Stake in BlackRock ESG Capital Allocation Term Trust, Executes $2.4M Sale
Saba Capital Management, L.P., identified as a 10% holder of BlackRock ESG Capital Allocation Term Trust (NASDAQ: ECAT), sold 159,289 shares across February 17 and 18. The two transactions generated roughly $2.4 million in proceeds, with executed prices ranging from $15.06 to $15.11 per share. After the sales, Saba retained more than 23.7 million E…