13,246 Shares in Special Opportunities Fund, Inc. (NYSE:SPE) Bought by Aspiriant LLC

Aspiriant LLC acquired a new position in shares of Special Opportunities Fund, Inc. (NYSE:SPE) in the 4th quarter, Holdings Channel.com reports. The firm acquired 13,246 shares of the closed-end fund’s stock, valued at approximately $194,000.

A number of other large investors have also recently bought and sold shares of SPE. Landscape Capital Management L.L.C. raised its position 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 valued at $205,000 after buying an additional 2,723 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Special Opportunities Fund in the third quarter valued at approximately $153,000. Finally, Shaker Financial Services LLC raised its position in Special Opportunities Fund by 8.0% during 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 in the last quarter. 35.60% of the stock is currently owned by institutional investors and hedge funds.

Special Opportunities Fund Stock Performance

NYSE SPE opened at $15.06 on Wednesday. Special Opportunities Fund, Inc. has a fifty-two week low of $11.88 and a fifty-two week high of $15.74. The business has a fifty day moving average price of $14.99 and a two-hundred day moving average price of $14.26.

Special Opportunities Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a $0.1098 dividend. This represents a yield of 8.76%. The ex-dividend date of this dividend is Tuesday, January 21st.

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.