{
  "id": 7330962,
  "title": "Saba Capital Management sells $2.29m of BlackRock ECAT stock",
  "url": "https://urgent.news/2026/09/14/saba-capital-management-sells-2-29m-of-blackrock-ecat-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T14:01:01.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/saba-capital-management-sells-229m-of-blackrock-ecat-stock-93CH-4899856"
  },
  "original_language": "en",
  "account": "Saba Capital Management, L.P., disclosed in mid-September 2026 that it sold 152,342 shares of BlackRock ESG Capital Allocation Term Trust (ECAT) common stock, totaling around $2.29 million. The shares were traded between $14.83 and $15.07 per share. As of the current price, ECAT is trading at $14.62, which has decreased by approximately 3.4% over the past week. Despite this decline, ECAT provides an attractive dividend yield of 21.53% and has increased its dividend for five consecutive years, according to InvestingPro Tips.\n\nOn September 10, 2026, Saba Capital Management sold 111,062 shares at $15.07 each. The following day, September 11, 2026, it sold an additional 41,280 shares at the lower price of $14.83 per share. Following these transactions, the firm still holds a significant stake in ECAT, beneficially owning 12,765,575 shares of BlackRock ESG Capital Allocation Term Trust common stock.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Why is Cleanaway Waste Management stock rallying today?",
        "url": "https://urgent.news/2026/09/14/why-is-cleanaway-waste-management-stock-rallying-today",
        "published": "2026-09-14T03:03:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}