Blue Bell Private Wealth Management LLC Buys 18,490 Shares of Ellsworth Growth and Income Fund Ltd. (NYSE:ECF)

Blue Bell Private Wealth Management LLC grew its stake in shares of Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) by 39.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 65,050 shares of the company’s stock after acquiring an additional 18,490 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in Ellsworth Growth and Income Fund were worth $536,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Twin Focus Capital Partners LLC acquired a new position in Ellsworth Growth and Income Fund in the fourth quarter valued at about $150,000. Matisse Capital bought a new position in Ellsworth Growth and Income Fund in the 1st quarter valued at about $213,000. RPO LLC acquired a new position in shares of Ellsworth Growth and Income Fund in the 1st quarter valued at approximately $290,000. Bulldog Investors LLP lifted its holdings in shares of Ellsworth Growth and Income Fund by 9.7% during the 4th quarter. Bulldog Investors LLP now owns 76,934 shares of the company’s stock worth $622,000 after acquiring an additional 6,793 shares during the period. Finally, Shaker Financial Services LLC boosted its position in shares of Ellsworth Growth and Income Fund by 14.2% during the 2nd 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 in the last quarter. 35.88% of the stock is owned by institutional investors and hedge funds.

Ellsworth Growth and Income Fund Price Performance

Shares of NYSE:ECF opened at $8.74 on Friday. The company’s 50 day simple moving average is $8.47 and its 200 day simple moving average is $8.18. Ellsworth Growth and Income Fund Ltd. has a 1 year low of $7.02 and a 1 year high of $8.80.

Ellsworth Growth and Income Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Monday, September 16th will be issued a dividend of $0.13 per share. The ex-dividend date is Monday, September 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.95%.

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.