How To Buy Ellsworth Convertible Growth & IF (ECF) Stock

How To Buy ECF

Ellsworth Convertible Growth & IF (ECF) is a common stock listed on the NYSE MKT exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of ECF.

1. Find a reliable broker.

   Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy Ellsworth Convertible Growth & IF from:

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2. Fund your new account.

   You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

3. Search for ECF.

   When your funds are settled into your account, look for Ellsworth Convertible Growth & IF on your broker by searching for the company name: Ellsworth Convertible Growth & IF or the ticker symbol: ECF.

4. Buy the stock.

   Once that you've found Ellsworth Convertible Growth & IF on your broker, submit a purchase order to buy shares of the stock (currently $9.72 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

   Once your order gets fulfilled, you've purchased your first shares of Ellsworth Convertible Growth & IF.

   Tips When Buying

   When submitting your order, you may choose to buy shares of Ellsworth Convertible Growth & IF at the market price with a market order or at a set price using a limit order.

   • Market order: Buys the stock immediately at its current price.
   • Limit order: Buys the stock only once it reaches your target price.

   By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of ECF at a specific price.

Should You Buy ECF Stock Now?

In the past week the price per share of Ellsworth Convertible Growth & IF has gone up ↑0.16 (1.67%) and the daily volume has increased slightly. You should buy ECF now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of ECF when you feel the time is right.