Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) Shares Sold by Aviance Capital Partners LLC

Aviance Capital Partners LLC trimmed its stake in shares of Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) by 78.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,304 shares of the company’s stock after selling 114,098 shares during the quarter. Aviance Capital Partners LLC owned about 0.23% of Ellsworth Growth and Income Fund worth $253,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ECF. Advisors Asset Management Inc. grew its position in Ellsworth Growth and Income Fund by 54.7% during the third quarter. Advisors Asset Management Inc. now owns 286,184 shares of the company’s stock valued at $2,304,000 after acquiring an additional 101,185 shares during the period. Blue Bell Private Wealth Management LLC increased its position in Ellsworth Growth and Income Fund by 1,203.8% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 14,029 shares of the company’s stock worth $113,000 after buying an additional 12,953 shares during the period. Wolverine Asset Management LLC acquired a new position in Ellsworth Growth and Income Fund during the 4th quarter valued at about $710,000. Finally, Cornerstone Advisors LLC increased its position in Ellsworth Growth and Income Fund by 18.2% in the 3rd quarter. Cornerstone Advisors LLC now owns 78,635 shares of the company’s stock valued at $633,000 after acquiring an additional 12,119 shares during the period. 35.88% of the stock is currently owned by hedge funds and other institutional investors.

Ellsworth Growth and Income Fund Stock Up 0.5 %

Shares of Ellsworth Growth and Income Fund stock traded up $0.04 during trading on Tuesday, hitting $7.95. The stock had a trading volume of 35,530 shares, compared to its average volume of 56,376. Ellsworth Growth and Income Fund Ltd. has a fifty-two week low of $7.02 and a fifty-two week high of $8.91. The firm’s fifty day simple moving average is $7.93.

Ellsworth Growth and Income Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 14th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date was Wednesday, March 13th.

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.