Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) Shares Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC increased its position in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) by 16.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,442 shares of the company’s stock after buying an additional 2,036 shares during the quarter. Wolverine Asset Management LLC owned about 0.11% of Ellsworth Growth and Income Fund worth $130,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ECF. Beckerman Institutional LLC bought a new stake in Ellsworth Growth and Income Fund in the third quarter worth about $114,000. Sanctuary Advisors LLC bought a new stake in shares of Ellsworth Growth and Income Fund in the 2nd quarter worth approximately $122,000. Cornerstone Advisors LLC lifted its stake in Ellsworth Growth and Income Fund by 2.9% during the second quarter. Cornerstone Advisors LLC now owns 346,675 shares of the company’s stock valued at $2,857,000 after purchasing an additional 9,652 shares during the last quarter. Vima LLC boosted its holdings in Ellsworth Growth and Income Fund by 20.6% during the second quarter. Vima LLC now owns 115,545 shares of the company’s stock worth $952,000 after buying an additional 19,754 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its position in Ellsworth Growth and Income Fund by 39.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 65,050 shares of the company’s stock worth $536,000 after buying an additional 18,490 shares during the last quarter. Institutional investors own 35.88% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. acquired 3,302 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of $8.93 per share, with a total value of $29,486.86. Following the purchase, the insider now owns 1,403,987 shares of the company’s stock, valued at approximately $12,537,603.91. This trade represents a 0.24 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.54% of the stock is currently owned by company insiders.

Ellsworth Growth and Income Fund Stock Down 1.3 %

NYSE ECF opened at $9.53 on Friday. The business’s fifty day moving average is $9.12 and its two-hundred day moving average is $8.58. Ellsworth Growth and Income Fund Ltd. has a 1 year low of $7.53 and a 1 year high of $9.86.

Ellsworth Growth and Income Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, December 30th. Investors of record on Friday, November 22nd will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 22nd.

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.