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Liberty All-Star Growth Fund (NYSE:ASG) Stock Price Crosses Above 50-Day Moving Average - Time to Sell?

Liberty All-Star Growth Fund logo with Finance background

Liberty All-Star Growth Fund, Inc. (NYSE:ASG - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.78 and traded as high as $5.94. Liberty All-Star Growth Fund shares last traded at $5.93, with a volume of 187,074 shares traded.

Liberty All-Star Growth Fund Stock Performance

The business's 50-day moving average is $5.78 and its two-hundred day moving average is $5.60.

Liberty All-Star Growth Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 24th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.48 dividend on an annualized basis and a yield of 7.99%.

Hedge Funds Weigh In On Liberty All-Star Growth Fund

Several institutional investors and hedge funds have recently bought and sold shares of ASG. GAMMA Investing LLC acquired a new position in Liberty All-Star Growth Fund in the 3rd quarter valued at about $28,000. Quad Cities Investment Group LLC acquired a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter worth approximately $56,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter worth approximately $59,000. Creative Planning lifted its holdings in shares of Liberty All-Star Growth Fund by 16.8% in the 3rd quarter. Creative Planning now owns 12,959 shares of the investment management company's stock worth $73,000 after acquiring an additional 1,861 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of Liberty All-Star Growth Fund by 473.5% in the 3rd quarter. International Assets Investment Management LLC now owns 15,105 shares of the investment management company's stock worth $85,000 after acquiring an additional 12,471 shares during the last quarter. 21.62% of the stock is currently owned by institutional investors and hedge funds.

Liberty All-Star Growth Fund Company Profile

(Get 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.

See Also

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