Wolverine Asset Management LLC cut its holdings in Liberty All-Star Growth Fund, Inc. (NYSE:ASG - Free Report) by 97.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,600 shares of the investment management company's stock after selling 226,760 shares during the quarter. Wolverine Asset Management LLC's holdings in Liberty All-Star Growth Fund were worth $37,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Penserra Capital Management LLC acquired a new position in Liberty All-Star Growth Fund during the 3rd quarter worth approximately $4,448,000. Calamos Advisors LLC increased its holdings in shares of Liberty All-Star Growth Fund by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 90,922 shares of the investment management company's stock worth $514,000 after buying an additional 17,485 shares in the last quarter. World Investment Advisors LLC bought a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter valued at $447,000. Dakota Wealth Management boosted its holdings in shares of Liberty All-Star Growth Fund by 32.8% during the 3rd quarter. Dakota Wealth Management now owns 68,884 shares of the investment management company's stock valued at $386,000 after acquiring an additional 16,999 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in 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 worth $126,000 after acquiring an additional 8,210 shares during the last quarter. 21.62% of the stock is owned by institutional investors and hedge funds.
Liberty All-Star Growth Fund Stock Performance
Shares of ASG stock traded up $0.08 during mid-day trading on Friday, reaching $5.23. 317,266 shares of the stock traded hands, compared to its average volume of 308,004. The stock's fifty day simple moving average is $5.67 and its two-hundred day simple moving average is $5.64. Liberty All-Star Growth Fund, Inc. has a 1-year low of $4.97 and a 1-year high of $6.08.
Liberty All-Star Growth Fund Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 24th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 9.19%. The ex-dividend date is Friday, January 24th.
Liberty All-Star Growth Fund 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.
Featured Stories
Before you consider Liberty All-Star Growth 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 Growth Fund wasn't on the list.
While Liberty All-Star Growth Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
