Insiders Are Spending Big: 15 Stocks Leading in March

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10. BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT)

Total Value of Insider Purchases In March: $17.23 million

Market Capitalization: $1.61 billion

BlackRock ESG, a newly established, non-diversified, closed-end management investment company with no operating history, ranks 10th among the 15 stocks insiders spent the most money on this month. Headquartered in Wilmington, DE, the company aims to deliver total return and income through a mix of current income, gains, and long-term capital appreciation.

In March, one insider bought a total of $17.23 million worth of BlackRock ESG shares at an average price of $16.38 per share. Currently, the stock trades at $16.27, having lost 0.79% year-to-date and 3.61% over the past 12 months.

The analyst coverage on BlackRock ESG stock is currently limited.

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