Major owner of ECA Marcellus Trust I just sold 131,645 shares

Corp Of Energy, a major owner of ECA Marcellus Trust I, recently sold 131,645 shares of the company. The sales took place at $10.18 per share, on August 09, 2013. Energy still owns 2,693,272 shares of the company. Energy operates out of Denver, CO. Some additional info was provided as follows:

On August 9, 2013, Energy Corporation of America ("ECA") paid dividends to ECA shareholders of record as of June 30, 2013, with a portion of such being paid in cash and the remaining amount being paid in the form of common units of ECA Marcellus Trust I ("ECT Common Units") owned by ECA. The price per ECT Common Unit was determined using the 10-day volume weighted average price for the period ended August 1, 2013.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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