Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Shares Bought by Baird Financial Group Inc.

Baird Financial Group Inc. raised its position in Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECFGet Rating) by 20.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 105,712 shares of the investment management company’s stock after acquiring an additional 17,669 shares during the quarter. Baird Financial Group Inc.’s holdings in Ellsworth Growth and Income Fund were worth $901,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Trek Financial LLC acquired a new position in shares of Ellsworth Growth and Income Fund during the first quarter worth about $117,000. Quantedge Capital Pte Ltd acquired a new position in shares of Ellsworth Growth and Income Fund during the first quarter worth about $178,000. Claraphi Advisory Network LLC grew its position in shares of Ellsworth Growth and Income Fund by 27.7% during the first quarter. Claraphi Advisory Network LLC now owns 17,500 shares of the investment management company’s stock worth $185,000 after buying an additional 3,800 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new position in Ellsworth Growth and Income Fund in the first quarter valued at approximately $200,000. Finally, Hightower 6M Holding LLC acquired a new position in Ellsworth Growth and Income Fund in the first quarter valued at approximately $204,000. 28.52% of the stock is owned by institutional investors and hedge funds.

Ellsworth Growth and Income Fund Stock Down 1.1 %

Shares of ECF opened at $8.48 on Friday. Ellsworth Growth and Income Fund Ltd. has a 52-week low of $7.95 and a 52-week high of $14.57.

Ellsworth Growth and Income Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 28th. Investors of record on Wednesday, November 23rd will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date of this dividend is Tuesday, November 22nd.

Ellsworth Growth and Income Fund Company Profile

(Get Rating)

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 (NYSEAMERICAN:ECF)

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