Shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.87 and traded as high as $5.29. Liberty All-Star Growth Fund shares last traded at $5.28, with a volume of 254,089 shares changing hands.
Liberty All-Star Growth Fund Price Performance
The business has a 50-day moving average price of $4.87 and a 200-day moving average price of $5.39.
Liberty All-Star Growth Fund Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, April 17th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 7.58%. The ex-dividend date of this dividend is Thursday, April 17th.
Institutional Trading of Liberty All-Star Growth Fund
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC boosted its position in shares of Liberty All-Star Growth Fund by 58.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 22,293 shares of the investment management company's stock valued at $126,000 after acquiring an additional 8,210 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Liberty All-Star Growth Fund during the fourth quarter worth about $358,000. Jones Financial Companies Lllp boosted its holdings in Liberty All-Star Growth Fund by 83.8% in the 4th quarter. Jones Financial Companies Lllp now owns 28,508 shares of the investment management company's stock valued at $161,000 after purchasing an additional 12,997 shares during the last quarter. 1607 Capital Partners LLC boosted its holdings in Liberty All-Star Growth Fund by 81.0% in the 4th quarter. 1607 Capital Partners LLC now owns 732,060 shares of the investment management company's stock valued at $4,136,000 after purchasing an additional 327,567 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Liberty All-Star Growth Fund by 9.0% in the 4th quarter. Wells Fargo & Company MN now owns 498,090 shares of the investment management company's stock valued at $2,814,000 after buying an additional 40,973 shares during the period. 21.62% of the stock is owned by institutional investors and hedge funds.
Liberty All-Star Growth Fund Company Profile
(
Get Free Report)
Liberty All-Star Growth Fund, Inc is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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