Penserra Capital Management LLC bought a new position in Liberty All-Star Growth Fund, Inc. (NYSE:ASG - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 792,993 shares of the investment management company's stock, valued at approximately $4,448,000. Penserra Capital Management LLC owned 1.36% of Liberty All-Star Growth Fund as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in ASG. Calamos Advisors LLC lifted its stake in Liberty All-Star Growth Fund by 46.4% in the 2nd quarter. Calamos Advisors LLC now owns 62,946 shares of the investment management company's stock valued at $336,000 after buying an additional 19,963 shares in the last quarter. Wolverine Asset Management LLC raised its stake in Liberty All-Star Growth Fund by 22.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 504,878 shares of the investment management company's stock valued at $2,696,000 after purchasing an additional 91,154 shares during the last quarter. Kapstone Financial Advisors LLC acquired a new position in Liberty All-Star Growth Fund in the 2nd quarter valued at about $83,000. Shaker Financial Services LLC lifted its holdings in Liberty All-Star Growth Fund by 0.9% in the 2nd quarter. Shaker Financial Services LLC now owns 1,313,319 shares of the investment management company's stock valued at $7,013,000 after purchasing an additional 11,143 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its stake in shares of Liberty All-Star Growth Fund by 268.0% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,200 shares of the investment management company's stock worth $49,000 after purchasing an additional 6,700 shares during the last quarter. Hedge funds and other institutional investors own 21.62% of the company's stock.
Liberty All-Star Growth Fund Price Performance
Shares of NYSE:ASG traded up $0.06 during midday trading on Monday, reaching $5.85. The company's stock had a trading volume of 281,233 shares, compared to its average volume of 255,669. The business has a 50 day moving average price of $5.68 and a 200 day moving average price of $5.45. Liberty All-Star Growth Fund, Inc. has a 1 year low of $4.93 and a 1 year high of $6.08.
Liberty All-Star Growth Fund Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date is Friday, November 15th.
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.
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