Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Director Anthonie Vanekris Sells 3,309 Shares

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Director Anthonie Vanekris sold 3,309 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $12.26, for a total value of $40,568.34. Following the completion of the sale, the director owned 1,000 shares in the company, valued at $12,260. The trade was a 76.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Ellsworth Growth and Income Fund Stock Performance

Ellsworth Growth and Income Fund stock opened at $13.76 on Wednesday. The stock’s 50 day moving average is $12.23 and its 200 day moving average is $12.01. Ellsworth Growth and Income Fund Ltd. has a twelve month low of $9.58 and a twelve month high of $13.79.

Ellsworth Growth and Income Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 15th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 5.5%. The ex-dividend date is Monday, June 15th.

Institutional Trading of Ellsworth Growth and Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. boosted its stake in Ellsworth Growth and Income Fund by 33.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 227,875 shares of the investment management company’s stock valued at $2,643,000 after purchasing an additional 57,520 shares during the last quarter. Invesco Ltd. boosted its stake in Ellsworth Growth and Income Fund by 17.2% during the 4th quarter. Invesco Ltd. now owns 232,215 shares of the investment management company’s stock valued at $2,701,000 after purchasing an additional 34,026 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Ellsworth Growth and Income Fund by 1.0% during the 2nd quarter. Baird Financial Group Inc. now owns 145,155 shares of the investment management company’s stock valued at $1,488,000 after purchasing an additional 1,475 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Ellsworth Growth and Income Fund by 44.8% during the 2nd quarter. NewEdge Advisors LLC now owns 75,407 shares of the investment management company’s stock valued at $773,000 after purchasing an additional 23,340 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in Ellsworth Growth and Income Fund by 10.7% during the 4th quarter. Royal Bank of Canada now owns 47,354 shares of the investment management company’s stock valued at $550,000 after purchasing an additional 4,574 shares during the last quarter. 35.88% of the stock is currently owned by hedge funds and other institutional investors.

Ellsworth Growth and Income Fund Company Profile

Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.

ECF’s investment strategy emphasizes a disciplined, research-driven approach.