Saba Capital Amends Filing for BlackRock VA Muni Bond Trust
Ticker: BHV · Form: SC 13D/A · Filed: Oct 2, 2024 · CIK: 1169034
| Field | Detail |
|---|---|
| Company | Blackrock Virginia Municipal Bond Trust (BHV) |
| Form Type | SC 13D/A |
| Filed Date | Oct 2, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $692,451 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 13d-amendment, shareholder-activity
TL;DR
Saba Capital updated their stake in BlackRock VA Muni Bond Trust.
AI Summary
Saba Capital Management, L.P. has filed an amendment (SC 13D/A) on October 2, 2024, regarding their holdings in BlackRock Virginia Municipal Bond Trust. This filing indicates a change in their beneficial ownership of the common shares of the trust.
Why It Matters
This amendment signals potential shifts in significant shareholder positions within the BlackRock Virginia Municipal Bond Trust, which could influence the trust's future strategy or performance.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate activist investor activity or significant portfolio adjustments, warranting attention.
Key Players & Entities
- Saba Capital Management, L.P. (company) — Filing entity
- BlackRock Virginia Municipal Bond Trust (company) — Subject company
- Michael D'Angelo (person) — Contact person for Saba Capital
FAQ
What specific changes in beneficial ownership are detailed in this SC 13D/A filing?
The filing is an amendment (Amendment No. 1) to a Schedule 13D, indicating a change in the previously reported beneficial ownership of Saba Capital Management, L.P. in BlackRock Virginia Municipal Bond Trust's common shares. Specific details of the change are not provided in the header information.
When was this amendment filed with the SEC?
This SC 13D/A filing was filed on October 2, 2024.
Who is the subject company of this filing?
The subject company is BlackRock Virginia Municipal Bond Trust.
Who is the entity filing the amendment?
The entity filing the amendment is Saba Capital Management, L.P.
What is the CUSIP number for the securities involved?
The CUSIP number for the common shares of BlackRock Virginia Municipal Bond Trust is 092481100.
Filing Stats: 1,278 words · 5 min read · ~4 pages · Grade level 13.1 · Accepted 2024-10-02 20:22:46
Key Financial Figures
- $0.001 — TRUST (Name of Issuer) Common Shares, $0.001 par value (Title of Class of Securitie
- $692,451 — ported herein. A total of approximately $692,451 was paid to acquire the Common Shares r
Filing Documents
- formsc13da.htm (SC 13D/A) — 59KB
- 0001062993-24-017338.txt ( ) — 60KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: October 2, 2024 SABA CAPITAL MANAGEMENT, L.P. By: /s/ Michael D'Angelo Name: Michael D'Angelo Title: Chief Compliance Officer SABA CAPITAL MANAGEMENT GP, LLC By: /s/ Michael D'Angelo Name: Michael D'Angelo Title: Authorized Signatory BOAZ R. WEINSTEIN By: /s/ Michael D'Angelo Name: Michael D'Angelo Title: Attorney-in-fact* * Pursuant to a power of attorney dated as of November 16, 2015, which is incorporated herein by reference to Exhibit 2 to the Schedule 13G filed by the Reporting Persons on December 28, 2015, accession number: 0001062993-15-006823 CUSIP No. 092481100 SCHEDULE 13D/A Page 7 of 7 Pages Schedule A This Schedule sets forth information with respect to each purchase and sale of Common Shares which were effectuated by Saba Capital during the past sixty days. All transactions were effectuated in the open market through a broker. Trade Date Buy/Sell Shares Price 9/26/2024 Sell 6,951 11.44 9/27/2024 Sell 684 11.44