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

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Director Anthonie Vanekris sold 3,309 shares of the company’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $12.26, for a total transaction of $40,568.34. Following the transaction, the director owned 1,000 shares in the company, valued at $12,260. The trade was a 76.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Ellsworth Growth and Income Fund Stock Performance

Shares of ECF opened at $13.62 on Thursday. The firm’s 50-day moving average is $12.34 and its two-hundred day moving average is $12.03. Ellsworth Growth and Income Fund Ltd. has a twelve month low of $9.58 and a twelve month high of $13.85.

Ellsworth Growth and Income Fund Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 15th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 5.6%. The ex-dividend date is Monday, June 15th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ECF. Invesco Ltd. grew its position in Ellsworth Growth and Income Fund by 31.2% during the second quarter. Invesco Ltd. now owns 161,109 shares of the investment management company’s stock worth $1,651,000 after buying an additional 38,271 shares during the period. Baird Financial Group Inc. grew its position in Ellsworth Growth and Income Fund by 1.0% during the second quarter. Baird Financial Group Inc. now owns 145,155 shares of the investment management company’s stock worth $1,488,000 after buying an additional 1,475 shares during the period. NewEdge Advisors LLC grew its position in Ellsworth Growth and Income Fund by 44.8% during the second quarter. NewEdge Advisors LLC now owns 75,407 shares of the investment management company’s stock worth $773,000 after buying an additional 23,340 shares during the period. Osaic Holdings Inc. grew its position in Ellsworth Growth and Income Fund by 11.1% during the second quarter. Osaic Holdings Inc. now owns 15,356 shares of the investment management company’s stock worth $157,000 after buying an additional 1,535 shares during the period. Finally, Advisors Asset Management Inc. grew its position in Ellsworth Growth and Income Fund by 33.8% during the third quarter. Advisors Asset Management Inc. now owns 227,875 shares of the investment management company’s stock worth $2,643,000 after buying an additional 57,520 shares during the period. 35.88% of the stock is currently owned by institutional investors and hedge funds.

About Ellsworth Growth and Income Fund

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.