3,023 Shares in Special Opportunities Fund, Inc. (NYSE:SPE) Purchased by Quarry LP

Quarry LP acquired a new stake in Special Opportunities Fund, Inc. (NYSE:SPE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,023 shares of the closed-end fund’s stock, valued at approximately $44,000.

A number of other institutional investors also recently modified their holdings of the stock. Oppenheimer & Co. Inc. acquired a new stake in shares of Special Opportunities Fund in the fourth quarter valued at approximately $333,000. Truist Financial Corp bought a new position in Special Opportunities Fund in the 4th quarter valued at $328,000. Shaker Financial Services LLC increased its stake in shares of Special Opportunities Fund by 148.0% in the 4th quarter. Shaker Financial Services LLC now owns 157,812 shares of the closed-end fund’s stock valued at $2,309,000 after buying an additional 94,176 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Special Opportunities Fund during the fourth quarter worth $453,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Special Opportunities Fund by 41.7% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 15,542 shares of the closed-end fund’s stock valued at $227,000 after acquiring an additional 4,570 shares during the period. 35.60% of the stock is owned by institutional investors.

Special Opportunities Fund Trading Up 1.0 %

Special Opportunities Fund stock opened at $14.85 on Friday. Special Opportunities Fund, Inc. has a 12-month low of $12.45 and a 12-month high of $15.87. The business’s 50-day simple moving average is $14.65 and its 200 day simple moving average is $14.91.

Special Opportunities Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were given a dividend of $0.1098 per share. This represents a dividend yield of 9.35%. The ex-dividend date of this dividend was Tuesday, April 22nd.

About Special Opportunities Fund

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.