Bay Colony Advisory Group Inc d b a Bay Colony Advisors Raises Holdings in Special Opportunities Fund, Inc. (NYSE:SPE)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Special Opportunities Fund, Inc. (NYSE:SPE) by 41.7% in the 4th quarter, Holdings Channel reports. The firm owned 15,542 shares of the closed-end fund’s stock after purchasing an additional 4,570 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Special Opportunities Fund were worth $227,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new stake in shares of Special Opportunities Fund during the fourth quarter worth approximately $45,000. Absolute Investment Advisers LLC purchased a new stake in shares of Special Opportunities Fund during the fourth quarter worth approximately $154,000. Aspiriant LLC purchased a new stake in shares of Special Opportunities Fund during the fourth quarter worth approximately $194,000. Landscape Capital Management L.L.C. increased its position in shares of Special Opportunities Fund by 22.6% during the third quarter. Landscape Capital Management L.L.C. now owns 14,755 shares of the closed-end fund’s stock worth $205,000 after purchasing an additional 2,723 shares in the last quarter. Finally, Truist Financial Corp purchased a new stake in shares of Special Opportunities Fund during the fourth quarter worth approximately $328,000. 35.60% of the stock is currently owned by hedge funds and other institutional investors.

Special Opportunities Fund Trading Up 0.6 %

Shares of SPE opened at $15.16 on Friday. Special Opportunities Fund, Inc. has a one year low of $12.00 and a one year high of $15.87. The stock has a 50 day moving average price of $15.22 and a 200 day moving average price of $14.72.

Special Opportunities Fund Dividend Announcement

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

Special Opportunities Fund 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.