Blue Bell Private Wealth Management LLC Has $536,000 Stock Holdings in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF)

Blue Bell Private Wealth Management LLC boosted its stake in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) by 39.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 65,050 shares of the company’s stock after buying an additional 18,490 shares during the period. Blue Bell Private Wealth Management LLC owned approximately 0.47% of Ellsworth Growth and Income Fund worth $536,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Twin Focus Capital Partners LLC bought a new stake in shares of Ellsworth Growth and Income Fund during the fourth quarter worth approximately $150,000. Matisse Capital bought a new stake in Ellsworth Growth and Income Fund in the 1st quarter valued at $213,000. RPO LLC acquired a new position in Ellsworth Growth and Income Fund in the 1st quarter valued at $290,000. Bulldog Investors LLP increased its position in Ellsworth Growth and Income Fund by 9.7% during the 4th quarter. Bulldog Investors LLP now owns 76,934 shares of the company’s stock worth $622,000 after buying an additional 6,793 shares during the period. Finally, Shaker Financial Services LLC lifted its holdings in shares of Ellsworth Growth and Income Fund by 14.2% during the second quarter. Shaker Financial Services LLC now owns 111,018 shares of the company’s stock worth $915,000 after buying an additional 13,780 shares in the last quarter. Institutional investors and hedge funds own 35.88% of the company’s stock.

Ellsworth Growth and Income Fund Stock Performance

ECF stock opened at $8.74 on Friday. Ellsworth Growth and Income Fund Ltd. has a 52 week low of $7.02 and a 52 week high of $8.80. The company’s 50-day simple moving average is $8.47 and its 200 day simple moving average is $8.18.

Ellsworth Growth and Income Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Shareholders of record on Monday, September 16th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.95%.

Ellsworth Growth and Income Fund Profile

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.