Ubs Group Ag Disclosed New Bancroft Fund Ltd Position

February 13, 2018 - By Stephen Andrade

 Ubs Group Ag Disclosed New Bancroft Fund Ltd Position

Investors sentiment increased to 1.57 in Q3 2017. Its up 0.57, from 1 in 2017Q2. It improved, as 2 investors sold Bancroft Fund Ltd. shares while 5 reduced holdings. 3 funds opened positions while 8 raised stakes. 838,133 shares or 9.99% more from 761,999 shares in 2017Q2 were reported.

Koshinski Asset Mgmt accumulated 0.09% or 12,129 shares. Rmb Capital Management Limited Liability Company holds 0.01% in Bancroft Fund Ltd. (NYSEAMERICAN:BCV) or 9,579 shares. Signaturefd Ltd Company owns 10,746 shares for 0.03% of their portfolio. Wells Fargo Mn has 54,962 shares. Illinois-based Wolverine Asset Mgmt Llc has invested 0.01% in Bancroft Fund Ltd. (NYSEAMERICAN:BCV). Financial Bank Of America De holds 0% or 256 shares in its portfolio. Benjamin F Edwards &, a Missouri-based fund reported 1,107 shares. Raymond James Associates holds 0% of its portfolio in Bancroft Fund Ltd. (NYSEAMERICAN:BCV) for 37,238 shares. Guggenheim Limited Liability owns 117,225 shares for 0.01% of their portfolio. Blue Bell Private Wealth Mngmt Limited Liability Company holds 0% or 156 shares. First Trust Advsrs Ltd Partnership reported 9,531 shares. Advisory Services Ntwk Limited Liability Co reported 5,836 shares. Shaker Financial Svcs holds 0.32% of its portfolio in Bancroft Fund Ltd. (NYSEAMERICAN:BCV) for 27,481 shares. Ameriprise Fincl Inc invested in 26,897 shares or 0% of the stock. Gabelli & Invest Advisers holds 0.14% or 55,400 shares.

Since December 14, 2017, it had 1 insider buy, and 2 insider sales for $19,268 activity. Another trade for 238 shares valued at $4,993 was made by Bizzell Kinchen C on Monday, February 5.

The New Ubs Group Ag Holding in Bancroft Fund Ltd

Ubs Group Ag reported SC 13G/A form with the SEC for Bancroft Fund Ltd. Access it here: 000119312518042479. As reported by Ubs Group Ag, the filler owns 6.23% or 318,831 shares of the Finance–company.

Bancroft Fund Ltd stake is new for [reportingPerson]. Date of activity: December29, 2017. This shows Ubs Group Ag’s positive view for Bancroft Fund Ltd.

Bancroft Fund Ltd Institutional Sentiment

Filings show 31 investors own Bancroft Fund Ltd. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 219530. 1170988 were owned by these investors. 6 funds opened new Bancroft Fund Ltd stakes, 9 increased positions. There were 4 that closed positions and 9 reduced them.

Doliver Capital Advisors Inc is an investor bullish on Bancroft Fund Ltd, owning 23710 shares as of Q3 2015 for 0.33% of its portfolio. Lehman Financial Resources Inc owns 5263 shares or 0.05% of its portfolio. MI Financial & Investment Management Group Ltd have 0.23% of its portfolio for 43881 shares. Further, Thomas J Herzfeld Advisors Inc reported stake worth 0.24% of its portfolio. The CT Gramercy Funds Management Llc owns 15791 shares. Bancroft Fund Ltd is 0.10% of its portfolio.

Business Profile

Bancroft Fund Ltd. (the Fund) is a diversified closed-end management investment company. The Fund’s primary 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. The Fund invests primarily in convertible and equity securities. The Fund’s investment portfolio includes convertible corporate bonds, convertible preferred stocks, mandatory convertible securities and common stocks. It invests in various industries, such as healthcare, computer software and services, financial services, energy and utilities, semiconductors, real estate investment trusts, communications equipment, telecommunications, business services, consumer services, cable and satellite, food and beverage, agriculture, automotive, metals and mining, entertainment and consumer products. Gabelli Funds, LLC serves as the investment advisor of the Fund.

SEC Form 13G.

The stock increased 0.48% or $0.1 during the last trading session, reaching $21.06. About 28,457 shares traded or 38.34% up from the average. Bancroft Fund Ltd. (NYSEAMERICAN:BCV) has risen 18.43% since February 14, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.

More important recent Bancroft Fund Ltd. (NYSEAMERICAN:BCV) news were published by: Businesswire.com which released: “Bancroft Fund Ltd. Announces the Offering of $30 Million of 5.375% Series A …” on August 04, 2016, also Marketwatch.com published article titled: “Bancroft Fund Ltd.”, Businesswire.com published: “Gabelli Funds is Named the Investment Adviser of Bancroft Fund and Ellsworth …” on October 21, 2015. More interesting news about Bancroft Fund Ltd. (NYSEAMERICAN:BCV) was released by: Marketwired.com and their article: “Dinsmore Capital Management Co. Announces Results of Special Shareholders Meeting” with publication date: October 19, 2015.

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