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Landscape Capital Management L.L.C. Sells 110,879 Shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

Liberty All-Star Growth Fund logo with Finance background

Landscape Capital Management L.L.C. lessened its stake in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG - Free Report) by 85.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,485 shares of the investment management company's stock after selling 110,879 shares during the period. Landscape Capital Management L.L.C.'s holdings in Liberty All-Star Growth Fund were worth $110,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Silver Oak Securities Incorporated bought a new stake in Liberty All-Star Growth Fund in the 4th quarter valued at about $73,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Liberty All-Star Growth Fund by 24.5% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,149 shares of the investment management company's stock worth $74,000 after purchasing an additional 2,591 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Liberty All-Star Growth Fund by 68.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 17,422 shares of the investment management company's stock valued at $98,000 after purchasing an additional 7,100 shares during the period. GWN Securities Inc. purchased a new stake in shares of Liberty All-Star Growth Fund during the 4th quarter valued at approximately $100,000. Finally, Janney Montgomery Scott LLC lifted its stake 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 buying an additional 8,210 shares in the last quarter. Institutional investors own 21.62% of the company's stock.

Liberty All-Star Growth Fund Stock Up 0.7 %

Liberty All-Star Growth Fund stock traded up $0.04 during mid-day trading on Tuesday, reaching $4.82. The company's stock had a trading volume of 100,650 shares, compared to its average volume of 262,330. The firm's fifty day moving average price is $5.08 and its two-hundred day moving average price is $5.52. Liberty All-Star Growth Fund, Inc. has a 12-month low of $4.01 and a 12-month high of $6.08.

Liberty All-Star Growth Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, April 17th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 8.31%.

Liberty All-Star Growth Fund Company Profile

(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.

Further Reading

Institutional Ownership by Quarter for Liberty All-Star Growth Fund (NYSE:ASG)

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