Independent Advisor Alliance acquired a new position in Special Opportunities Fund, Inc. (NYSE:SPE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 94,349 shares of the closed-end fund's stock, valued at approximately $1,380,000. Independent Advisor Alliance owned approximately 0.84% of Special Opportunities Fund as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Landscape Capital Management L.L.C. raised its position in shares of Special Opportunities Fund by 22.6% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 14,755 shares of the closed-end fund's stock worth $205,000 after buying an additional 2,723 shares in the last quarter. Aspiriant LLC bought a new stake in shares of Special Opportunities Fund in the 4th quarter worth approximately $194,000. Absolute Investment Advisers LLC bought a new stake in shares of Special Opportunities Fund in the 4th quarter worth approximately $154,000. Truist Financial Corp bought a new stake in shares of Special Opportunities Fund in the 4th quarter worth approximately $328,000. Finally, Global Retirement Partners LLC bought a new stake in shares of Special Opportunities Fund in the 4th quarter worth approximately $45,000. 35.60% of the stock is owned by institutional investors and hedge funds.
Special Opportunities Fund Stock Up 0.3 %
Shares of SPE stock traded up $0.05 during trading hours on Wednesday, reaching $14.98. 28,873 shares of the stock traded hands, compared to its average volume of 38,795. Special Opportunities Fund, Inc. has a 1-year low of $12.00 and a 1-year high of $15.87. The business has a fifty day moving average price of $15.25 and a 200 day moving average price of $14.79.
Special Opportunities Fund Dividend Announcement
The business also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a dividend of $0.1098 per share. This represents a yield of 8.76%. The ex-dividend date was Tuesday, January 21st.
Special Opportunities Fund Company Profile
(
Free Report)
Special Opportunities Fund, Inc is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.
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