SkyView Investment Advisors LLC Has $391,000 Position in Special Opportunities Fund, Inc. (NYSE:SPE)

Posted by Ethan Ryder on Sep 30th, 2024

SkyView Investment Advisors LLC lessened its stake in Special Opportunities Fund, Inc. (NYSE:SPE – Free Report) by 7.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,923 shares of the closed-end fund’s stock after selling 2,567 shares during the period. SkyView Investment Advisors LLC owned 0.27% of Special Opportunities Fund worth $391,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Patron Partners LLC bought a new stake in shares of Special Opportunities Fund during the first quarter worth $175,000. NBC Securities Inc. increased its position in Special Opportunities Fund by 6.4% in the first quarter. NBC Securities Inc. now owns 15,478 shares of the closed-end fund’s stock worth $195,000 after purchasing an additional 928 shares during the period. Finally, Scotia Capital Inc. raised its holdings in Special Opportunities Fund by 3.7% during the 4th quarter. Scotia Capital Inc. now owns 91,266 shares of the closed-end fund’s stock worth $1,082,000 after purchasing an additional 3,259 shares during the last quarter. Institutional investors and hedge funds own 35.60% of the company’s stock.

Special Opportunities Fund Stock Up 0.3 %

Shares of NYSE SPE opened at $13.92 on Monday. Special Opportunities Fund, Inc. has a 1 year low of $10.26 and a 1 year high of $14.00. The firm’s 50-day moving average is $13.59 and its 200-day moving average is $13.10.

Special Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd will be paid a $0.0954 dividend. The ex-dividend date is Tuesday, October 22nd. This represents a $1.14 dividend on an annualized basis and a yield of 8.22%.

Special Opportunities Fund 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.