Landscape Capital Management L.L.C. Decreases Stock Position in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF)

Landscape Capital Management L.L.C. reduced its position in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) by 78.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,139 shares of the company’s stock after selling 67,695 shares during the quarter. Landscape Capital Management L.L.C. owned approximately 0.13% of Ellsworth Growth and Income Fund worth $163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of ECF. Beckerman Institutional LLC purchased a new stake in Ellsworth Growth and Income Fund in the third quarter worth $114,000. Sanctuary Advisors LLC bought a new position in shares of Ellsworth Growth and Income Fund in the second quarter worth $122,000. Wolverine Asset Management LLC boosted its holdings in shares of Ellsworth Growth and Income Fund by 16.4% in the third quarter. Wolverine Asset Management LLC now owns 14,442 shares of the company’s stock worth $130,000 after acquiring an additional 2,036 shares during the period. Blue Bell Private Wealth Management LLC boosted its holdings in shares of 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 acquiring an additional 18,490 shares during the period. Finally, Shaker Financial Services LLC boosted its holdings in shares of Ellsworth Growth and Income Fund by 14.2% in the second quarter. Shaker Financial Services LLC now owns 111,018 shares of the company’s stock worth $915,000 after acquiring an additional 13,780 shares during the period. 35.88% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Ellsworth Growth and Income Fund

In other Ellsworth Growth and Income Fund news, major shareholder Saba Capital Management, L.P. acquired 3,302 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average price of $8.93 per share, with a total value of $29,486.86. Following the completion of the purchase, the insider now owns 1,403,987 shares of the company’s stock, valued at approximately $12,537,603.91. This represents a 0.24 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.52% of the company’s stock.

Ellsworth Growth and Income Fund Stock Up 1.3 %

Ellsworth Growth and Income Fund stock opened at $9.85 on Tuesday. Ellsworth Growth and Income Fund Ltd. has a one year low of $7.54 and a one year high of $9.87. The business has a fifty day moving average price of $9.27 and a 200-day moving average price of $8.68.

Ellsworth Growth and Income Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, November 22nd will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date is Friday, November 22nd.

About Ellsworth Growth and Income Fund

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.