Liberty All-Star Equity Fund (NYSE:USA - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.05 and traded as high as $7.12. Liberty All-Star Equity Fund shares last traded at $7.04, with a volume of 530,727 shares traded.
Liberty All-Star Equity Fund Price Performance
The company's 50-day moving average price is $7.10 and its 200 day moving average price is $7.06.
Liberty All-Star Equity Fund Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 24th will be given a $0.17 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.68 annualized dividend and a dividend yield of 9.62%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Ashton Thomas Securities LLC lifted its position in Liberty All-Star Equity Fund by 10.6% during the 3rd quarter. Ashton Thomas Securities LLC now owns 156,268 shares of the closed-end fund's stock valued at $1,110,000 after acquiring an additional 14,982 shares during the period. Concurrent Investment Advisors LLC increased its stake in Liberty All-Star Equity Fund by 17.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 76,533 shares of the closed-end fund's stock valued at $543,000 after purchasing an additional 11,254 shares in the last quarter. Bensler LLC increased its stake in Liberty All-Star Equity Fund by 3.5% during the 3rd quarter. Bensler LLC now owns 1,618,860 shares of the closed-end fund's stock valued at $11,494,000 after purchasing an additional 55,047 shares in the last quarter. International Assets Investment Management LLC increased its stake in Liberty All-Star Equity Fund by 628.6% during the 3rd quarter. International Assets Investment Management LLC now owns 147,987 shares of the closed-end fund's stock valued at $1,051,000 after purchasing an additional 127,677 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Liberty All-Star Equity Fund by 4.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 689,391 shares of the closed-end fund's stock valued at $4,895,000 after purchasing an additional 29,872 shares in the last quarter. 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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