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Delphi Boosts Ellington Investment
Description
Delphi Financial Group has significantly increased its investment in Ellington Financial, adding over six hundred eighty-six thousand shares in the first quarter, now representing over seven percent of their assets under management. This move elevates Ellington Financial to the sixth biggest holding in Delphis portfolio, reflecting their continued confidence in Ellingtons performance. Ellingtons strong earnings and consistent dividend payments since 2010, along with their recent swap of expensive preferred shares for common stock, further bolster this confidence. However, its important to remember that all investments carry risk, and economic shifts can impact companies like Ellington.
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