Sit Investment Associates Inc. increased its stake in shares of Ellsworth Growth and Income Fund Ltd. (NYSE:ECF - Free Report) by 49.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 475,568 shares of the company's stock after buying an additional 157,283 shares during the period. Sit Investment Associates Inc. owned 3.48% of Ellsworth Growth and Income Fund worth $4,318,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently made changes to their positions in ECF. Raymond James Financial Inc. bought a new stake in shares of Ellsworth Growth and Income Fund during the 4th quarter worth approximately $881,000. Guggenheim Capital LLC lifted its holdings in shares of Ellsworth Growth and Income Fund by 5.5% during the 4th quarter. Guggenheim Capital LLC now owns 159,410 shares of the company's stock worth $1,545,000 after acquiring an additional 8,245 shares during the period. Capstone Investment Advisors LLC lifted its holdings in shares of Ellsworth Growth and Income Fund by 179.8% during the 4th quarter. Capstone Investment Advisors LLC now owns 79,774 shares of the company's stock worth $773,000 after acquiring an additional 51,262 shares during the period. Bulldog Investors LLP lifted its holdings in shares of Ellsworth Growth and Income Fund by 238.2% during the 4th quarter. Bulldog Investors LLP now owns 314,426 shares of the company's stock worth $3,045,000 after acquiring an additional 221,447 shares during the period. Finally, K2 Principal Fund L.P. bought a new stake in shares of Ellsworth Growth and Income Fund during the 4th quarter worth approximately $147,000. Institutional investors own 35.88% of the company's stock.
Ellsworth Growth and Income Fund Stock Performance
Shares of Ellsworth Growth and Income Fund stock traded down $0.14 on Tuesday, reaching $10.70. 34,998 shares of the stock were exchanged, compared to its average volume of 38,722. The firm's 50 day moving average is $10.36 and its 200-day moving average is $9.74. Ellsworth Growth and Income Fund Ltd. has a one year low of $8.15 and a one year high of $10.87.
About Ellsworth Growth and Income Fund
(
Free Report)
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.
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