Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) Shares Sold by Old Port Advisors

Old Port Advisors decreased its holdings in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,712 shares of the company’s stock after selling 1,092 shares during the quarter. Old Port Advisors’ holdings in Ellsworth Growth and Income Fund were worth $191,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ECF. Wolverine Asset Management LLC increased its position in shares of Ellsworth Growth and Income Fund by 16.4% in the third quarter. Wolverine Asset Management LLC now owns 14,442 shares of the company’s stock worth $130,000 after acquiring an additional 2,036 shares in the last quarter. Cornerstone Advisors LLC grew its position in Ellsworth Growth and Income Fund by 2.9% during the 2nd quarter. Cornerstone Advisors LLC now owns 346,675 shares of the company’s stock worth $2,857,000 after purchasing an additional 9,652 shares in the last quarter. Beckerman Institutional LLC acquired a new stake in Ellsworth Growth and Income Fund during the 3rd quarter valued at $114,000. Shaker Financial Services LLC raised its stake in Ellsworth Growth and Income Fund by 14.2% during the 2nd quarter. Shaker Financial Services LLC now owns 111,018 shares of the company’s stock valued at $915,000 after purchasing an additional 13,780 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Ellsworth Growth and Income Fund in the second quarter valued at $122,000. Institutional investors own 35.88% of the company’s stock.

Ellsworth Growth and Income Fund Trading Down 1.1 %

Shares of ECF stock opened at $9.58 on Friday. Ellsworth Growth and Income Fund Ltd. has a 1-year low of $7.55 and a 1-year high of $10.02. The stock’s fifty day simple moving average is $9.66 and its 200-day simple moving average is $9.00.

Ellsworth Growth and Income Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, November 22nd were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date of this dividend was Friday, November 22nd.

Ellsworth Growth and Income Fund Company 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.