Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock: Insider Saba Capital Management, L.P. Buys 27,937 Shares
MarketBeat
Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF - Get Free Report) major shareholder Saba Capital Management, L.P. purchased 27,937 shares of the firm's stock in a transaction on Thursday, October 8th. The shares were purchased at an average cost of $11.95 per share, for a total transaction of $333,847.15. Following the completion of the purchase, the insider directly owned 1,673,947 shares in the company, valued at $20,003,666.65. The trade was a 1.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NYSEAMERICAN:ECF
