Twin Focus Capital Partners LLC Purchases Shares of 18,600 Ellsworth Growth and Income Fund Ltd. (NYSE:ECF)

Twin Focus Capital Partners LLC bought a new stake in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 18,600 shares of the company’s stock, valued at approximately $150,000. Twin Focus Capital Partners LLC owned about 0.14% of Ellsworth Growth and Income Fund at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ECF. Vima LLC acquired a new position in Ellsworth Growth and Income Fund in the fourth quarter worth about $924,000. Bulldog Investors LLP lifted its stake in Ellsworth Growth and Income Fund by 9.7% during the fourth quarter. Bulldog Investors LLP now owns 76,934 shares of the company’s stock worth $622,000 after purchasing an additional 6,793 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Ellsworth Growth and Income Fund by 8.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,007,180 shares of the company’s stock worth $8,138,000 after purchasing an additional 79,753 shares during the period. Cornerstone Advisors LLC increased its stake in Ellsworth Growth and Income Fund by 109.5% during the fourth quarter. Cornerstone Advisors LLC now owns 164,745 shares of the company’s stock valued at $1,331,000 after purchasing an additional 86,110 shares during the last quarter. Finally, Wolverine Asset Management LLC acquired a new stake in shares of Ellsworth Growth and Income Fund during the fourth quarter worth $710,000. 35.88% of the stock is currently owned by institutional investors and hedge funds.

Ellsworth Growth and Income Fund Price Performance

Shares of NYSE:ECF traded down $0.01 during trading on Friday, reaching $8.19. 43,997 shares of the company’s stock traded hands, compared to its average volume of 29,454. The company has a 50 day moving average of $7.98 and a 200-day moving average of $7.99. Ellsworth Growth and Income Fund Ltd. has a 12 month low of $7.02 and a 12 month high of $8.91.

Ellsworth Growth and Income Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, June 13th will be paid a dividend of $0.13 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.52 dividend on an annualized basis and a yield of 6.35%.

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.