Boaz Weinstein, a significant stakeholder through Saba Capital Management, L.P., has increased his holdings in the BlackRock (NYSE:BLK) Innovation & Growth Term Trust (NYSE:BIGZ). According to a recent SEC filing, Weinstein purchased 282,123 shares at a price of $7.72 per share, totaling approximately $2.18 million. This acquisition brings his total ownership to 60,615,765 shares. The transaction, dated January 6, underscores Weinstein's continued investment in the trust, which has delivered a 21.82% return over the past year and offers an attractive 13.46% dividend yield. InvestingPro analysis reveals additional insights about BIGZ's financial health and valuation metrics, with several key factors that could influence investor decisions.
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