Oppenheimer & Co. Inc. Makes New $333,000 Investment in Special Opportunities Fund, Inc. (NYSE:SPE)

Oppenheimer & Co. Inc. acquired a new stake in Special Opportunities Fund, Inc. (NYSE:SPE) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,766 shares of the closed-end fund’s stock, valued at approximately $333,000.

Several other hedge funds also recently modified their holdings of SPE. Global Retirement Partners LLC bought a new stake in shares of Special Opportunities Fund in the fourth quarter valued at approximately $45,000. Absolute Investment Advisers LLC bought a new stake in shares of Special Opportunities Fund in the fourth quarter valued at approximately $154,000. Aspiriant LLC bought a new stake in shares of Special Opportunities Fund in the fourth quarter valued at approximately $194,000. Landscape Capital Management L.L.C. boosted its position in shares of Special Opportunities Fund by 22.6% in the third quarter. Landscape Capital Management L.L.C. now owns 14,755 shares of the closed-end fund’s stock valued at $205,000 after acquiring an additional 2,723 shares during the period. Finally, Truist Financial Corp bought a new stake in shares of Special Opportunities Fund in the fourth quarter valued at approximately $328,000. 35.60% of the stock is owned by institutional investors.

Special Opportunities Fund Price Performance

SPE opened at $15.16 on Friday. Special Opportunities Fund, Inc. has a 1-year low of $12.00 and a 1-year high of $15.87. The business has a 50 day moving average of $15.22 and a 200-day moving average of $14.71.

Special Opportunities Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.1098 dividend. The ex-dividend date was Tuesday, January 21st. This represents a dividend yield of 8.76%.

Special Opportunities Fund Profile

Special Opportunities Fund, Inc is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.