Shares of Liberty All-Star Equity Fund (NYSE:USA - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.00 and traded as high as $7.08. Liberty All-Star Equity Fund shares last traded at $7.00, with a volume of 614,941 shares trading hands.
Liberty All-Star Equity Fund Stock Down 1.0 %
The company has a fifty day moving average price of $7.20 and a two-hundred day moving average price of $7.00.
Liberty All-Star Equity Fund Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 10.29%. The ex-dividend date is Friday, November 15th.
Institutional Investors Weigh In On Liberty All-Star Equity Fund
Institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James & Associates increased its holdings in shares of Liberty All-Star Equity Fund by 10.5% in the second quarter. Raymond James & Associates now owns 629,974 shares of the closed-end fund's stock valued at $4,284,000 after purchasing an additional 59,841 shares during the period. Concurrent Investment Advisors LLC increased its stake in Liberty All-Star Equity Fund by 35.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 65,279 shares of the closed-end fund's stock valued at $444,000 after buying an additional 17,100 shares during the period. TIAA Trust National Association purchased a new position in Liberty All-Star Equity Fund during the 2nd quarter worth $85,000. Wolverine Asset Management LLC purchased a new position in Liberty All-Star Equity Fund during the 2nd quarter worth $498,000. Finally, Octavia Wealth Advisors LLC acquired a new stake in shares of Liberty All-Star Equity Fund in the 2nd quarter worth $102,000. 9.95% of the stock is owned by hedge funds and other institutional investors.
Liberty All-Star Equity Fund Company Profile
(
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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.
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