Landscape Capital Management L.L.C. Lowers Stock Position in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF)

Landscape Capital Management L.L.C. lessened its stake in Ellsworth Growth and Income Fund Ltd. (NYSE:ECF - Free Report) by 78.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,139 shares of the company's stock after selling 67,695 shares during the quarter. Landscape Capital Management L.L.C. owned about 0.13% of Ellsworth Growth and Income Fund worth $163,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Beckerman Institutional LLC bought a new stake in shares of Ellsworth Growth and Income Fund in the third quarter worth about $114,000. Wolverine Asset Management LLC lifted its stake in Ellsworth Growth and Income Fund by 16.4% in the third quarter. Wolverine Asset Management LLC now owns 14,442 shares of the company's stock valued at $130,000 after buying an additional 2,036 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Ellsworth Growth and Income Fund in the second quarter valued at approximately $122,000. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Ellsworth Growth and Income Fund by 39.7% in the second quarter. Blue Bell Private Wealth Management LLC now owns 65,050 shares of the company's stock valued at $536,000 after buying an additional 18,490 shares during the period. Finally, Shaker Financial Services LLC increased its position in shares of Ellsworth Growth and Income Fund by 14.2% during the second quarter. Shaker Financial Services LLC now owns 111,018 shares of the company's stock worth $915,000 after acquiring an additional 13,780 shares in the last quarter. Institutional investors and hedge funds own 35.88% of the company's stock.

Insider Transactions at Ellsworth Growth and Income Fund

In other Ellsworth Growth and Income Fund news, major shareholder Saba Capital Management, L.P. bought 3,302 shares of the stock in a transaction dated Friday, September 27th. The shares were bought at an average cost of $8.93 per share, with a total value of $29,486.86. Following the completion of the acquisition, the insider now owns 1,403,987 shares of the company's stock, valued at $12,537,603.91. This trade represents a 0.24 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 0.54% of the stock is owned by corporate insiders.

Ellsworth Growth and Income Fund Price Performance

ECF traded down $0.02 during trading on Tuesday, reaching $9.83. 42,481 shares of the stock were exchanged, compared to its average volume of 46,967. The stock's 50 day moving average price is $9.28 and its two-hundred day moving average price is $8.70. Ellsworth Growth and Income Fund Ltd. has a twelve month low of $7.54 and a twelve month high of $9.89.

Ellsworth Growth and Income Fund Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, November 22nd will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 5.70%. The ex-dividend date of this dividend is Friday, November 22nd.

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.