Wells Fargo & Company MN lifted its holdings in Ellsworth Growth & Income (NYSEAMERICAN:ECF) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 330,231 shares of the investment management company’s stock after purchasing an additional 24,679 shares during the quarter. Wells Fargo & Company MN owned 2.57% of Ellsworth Growth & Income worth $3,107,000 at the end of the most recent quarter.
Separately, KCS Wealth Advisory purchased a new position in shares of Ellsworth Growth & Income in the fourth quarter valued at $124,000.
ECF stock opened at $9.04 on Monday. Ellsworth Growth & Income has a fifty-two week low of $8.58 and a fifty-two week high of $9.88.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 23rd. Shareholders of record on Wednesday, May 16th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 4.87%. The ex-dividend date of this dividend is Tuesday, May 15th.
TRADEMARK VIOLATION WARNING: This story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/04/09/wells-fargo-company-mn-acquires-24679-shares-of-ellsworth-growth-income-ecf.html.
About Ellsworth Growth & Income
Ellsworth Growth and Income Fund Ltd. operates as a closed-end, diversified management investment company. The Fund’s investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests.
Want to see what other hedge funds are holding ECF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ellsworth Growth & Income (NYSEAMERICAN:ECF).
Receive News & Ratings for Ellsworth Growth & Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ellsworth Growth & Income and related companies with MarketBeat.com's FREE daily email newsletter.