Aviance Capital Partners LLC Has $239,000 Holdings in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF)

Aviance Capital Partners LLC reduced its holdings in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF) by 5.9% during the 1st quarter, Holdings Channel reports. The fund owned 29,449 shares of the company’s stock after selling 1,855 shares during the quarter. Aviance Capital Partners LLC’s holdings in Ellsworth Growth and Income Fund were worth $239,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Ellsworth Growth and Income Fund by 1,203.8% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 14,029 shares of the company’s stock worth $113,000 after acquiring an additional 12,953 shares in the last quarter. Twin Focus Capital Partners LLC acquired a new position in shares of Ellsworth Growth and Income Fund in the 4th quarter worth approximately $150,000. Bulldog Investors LLP lifted its holdings in 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 buying an additional 6,793 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in Ellsworth Growth and Income Fund during the 4th quarter worth $710,000. Finally, Vima LLC acquired a new position in Ellsworth Growth and Income Fund during the 4th quarter worth $924,000. 35.88% of the stock is owned by institutional investors and hedge funds.

Ellsworth Growth and Income Fund Stock Down 0.4 %

NYSE:ECF traded down $0.03 during trading hours on Monday, hitting $8.21. 2,446 shares of the stock were exchanged, compared to its average volume of 50,064. The company’s 50 day moving average is $8.05 and its two-hundred day moving average is $8.02. Ellsworth Growth and Income Fund Ltd. has a twelve month low of $7.02 and a twelve month high of $8.91.

Ellsworth Growth and Income Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Thursday, June 13th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 6.33%. The ex-dividend date was Thursday, June 13th.

Ellsworth Growth and Income Fund Profile

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.