Truist Financial Corp Invests $328,000 in Special Opportunities Fund, Inc. (NYSE:SPE)

Truist Financial Corp purchased a new position in shares of Special Opportunities Fund, Inc. (NYSE:SPE - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 22,439 shares of the closed-end fund's stock, valued at approximately $328,000. Truist Financial Corp owned 0.20% of Special Opportunities Fund as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Absolute Investment Advisers LLC acquired a new position in shares of Special Opportunities Fund during the fourth quarter worth about $154,000. Aspiriant LLC acquired a new stake in shares of Special Opportunities Fund in the 4th quarter worth approximately $194,000. Landscape Capital Management L.L.C. grew its holdings in shares of Special Opportunities Fund by 22.6% in 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 acquiring an additional 2,723 shares during the period. Finally, Shaker Financial Services LLC grew its holdings in Special Opportunities Fund by 8.0% in the third quarter. Shaker Financial Services LLC now owns 63,636 shares of the closed-end fund's stock valued at $885,000 after purchasing an additional 4,713 shares during the last quarter. 35.60% of the stock is currently owned by institutional investors and hedge funds.

Special Opportunities Fund Stock Up 0.6 %

Shares of SPE stock traded up $0.09 during trading hours on Friday, hitting $15.16. The company's stock had a trading volume of 17,525 shares, compared to its average volume of 37,817. The business has a fifty day moving average of $15.22 and a 200-day moving average of $14.71. Special Opportunities Fund, Inc. has a twelve month low of $12.00 and a twelve month high of $15.87.

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Special Opportunities Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.1098 per share. The ex-dividend date of this dividend was Tuesday, January 21st. This represents a dividend yield of 8.76%.

Special Opportunities Fund Company Profile

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.