Wealth Enhancement Advisory Services LLC Increases Stock Position in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF)

Wealth Enhancement Advisory Services LLC increased its holdings in Ellsworth Growth and Income Fund Ltd. (NYSE:ECFFree Report) by 1.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 317,034 shares of the company’s stock after acquiring an additional 5,813 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 2.31% of Ellsworth Growth and Income Fund worth $2,574,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ECF. Vima LLC purchased a new stake in shares of Ellsworth Growth and Income Fund in the fourth quarter valued at about $924,000. Advisors Asset Management Inc. lifted its position in Ellsworth Growth and Income Fund by 54.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 286,184 shares of the company’s stock worth $2,304,000 after acquiring an additional 101,185 shares during the period. Wolverine Asset Management LLC purchased a new position in shares of Ellsworth Growth and Income Fund in the 4th quarter valued at approximately $710,000. Cornerstone Advisors LLC increased its holdings in shares of Ellsworth Growth and Income Fund by 109.5% in the fourth quarter. Cornerstone Advisors LLC now owns 164,745 shares of the company’s stock valued at $1,331,000 after purchasing an additional 86,110 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Ellsworth Growth and Income Fund by 8.6% during the fourth quarter. Wells Fargo & Company MN now owns 1,007,180 shares of the company’s stock worth $8,138,000 after purchasing an additional 79,753 shares during the last quarter. Institutional investors and hedge funds own 35.88% of the company’s stock.

Ellsworth Growth and Income Fund Trading Up 0.2 %

NYSE:ECF opened at $8.26 on Thursday. The firm’s fifty day moving average price is $8.07 and its 200 day moving average price is $8.02. Ellsworth Growth and Income Fund Ltd. has a 1-year low of $7.02 and a 1-year high of $8.91.

Ellsworth Growth and Income Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Thursday, June 13th were paid a dividend of $0.13 per share. The ex-dividend date was Thursday, June 13th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 6.30%.

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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Institutional Ownership by Quarter for Ellsworth Growth and Income Fund (NYSE:ECF)

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