Liberty All-Star Equity Fund (NYSE:USA - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.07 and traded as high as $7.10. Liberty All-Star Equity Fund shares last traded at $7.09, with a volume of 541,135 shares traded.
Liberty All-Star Equity Fund Stock Performance
The stock's 50-day moving average is $7.07 and its two-hundred day moving average is $7.07.
Liberty All-Star Equity Fund Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 24th will be given a dividend of $0.17 per share. The ex-dividend date is Friday, January 24th. This represents a $0.68 annualized dividend and a yield of 9.72%.
Hedge Funds Weigh In On Liberty All-Star Equity Fund
Several institutional investors have recently bought and sold shares of the business. EP Wealth Advisors LLC bought a new position in Liberty All-Star Equity Fund during the fourth quarter valued at $155,000. Cetera Investment Advisers lifted its holdings in shares of Liberty All-Star Equity Fund by 6.2% in the 4th quarter. Cetera Investment Advisers now owns 335,793 shares of the closed-end fund's stock worth $2,334,000 after acquiring an additional 19,752 shares during the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of Liberty All-Star Equity Fund in the 4th quarter worth about $175,000. Ameriprise Financial Inc. lifted its holdings in shares of Liberty All-Star Equity Fund by 5.9% in the 4th quarter. Ameriprise Financial Inc. now owns 1,573,832 shares of the closed-end fund's stock worth $10,938,000 after acquiring an additional 87,560 shares during the last quarter. Finally, Talon Private Wealth LLC bought a new stake in shares of Liberty All-Star Equity Fund in the 4th quarter worth about $632,000. Institutional investors own 9.95% of the company's stock.
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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