Liberty All-Star Equity Fund (NYSE:USA - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.01 and traded as high as $7.17. Liberty All-Star Equity Fund shares last traded at $7.05, with a volume of 818,410 shares trading hands.
Liberty All-Star Equity Fund Price Performance
The business has a 50 day moving average price of $7.17 and a 200 day moving average price of $7.01.
Liberty All-Star Equity Fund Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.24%.
Institutional Investors Weigh In On Liberty All-Star Equity Fund
Several hedge funds and other institutional investors have recently modified their holdings of USA. D.A. Davidson & CO. lifted its position in shares of Liberty All-Star Equity Fund by 1.0% in the 3rd quarter. D.A. Davidson & CO. now owns 160,495 shares of the closed-end fund's stock worth $1,140,000 after acquiring an additional 1,565 shares during the period. Private Advisor Group LLC boosted its stake in Liberty All-Star Equity Fund by 0.7% during the third quarter. Private Advisor Group LLC now owns 288,443 shares of the closed-end fund's stock worth $2,048,000 after buying an additional 1,882 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in Liberty All-Star Equity Fund by 3.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 55,819 shares of the closed-end fund's stock valued at $396,000 after buying an additional 1,935 shares during the period. Creative Planning increased its holdings in Liberty All-Star Equity Fund by 4.2% in the 2nd quarter. Creative Planning now owns 72,219 shares of the closed-end fund's stock valued at $491,000 after buying an additional 2,940 shares during the period. Finally, Eclectic Associates Inc. ADV raised its stake in shares of Liberty All-Star Equity Fund by 18.5% in the 3rd quarter. Eclectic Associates Inc. ADV now owns 18,955 shares of the closed-end fund's stock valued at $135,000 after buying an additional 2,962 shares in the last quarter. Institutional investors and hedge funds own 9.95% of the company's stock.
Liberty All-Star Equity Fund Company Profile
(
Get Free Report)
Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.
Featured Stories
Before you consider Liberty All-Star Equity Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty All-Star Equity Fund wasn't on the list.
While Liberty All-Star Equity Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.