Raymond James Financial Inc. acquired a new stake in Liberty All-Star Growth Fund, Inc. (NYSE:ASG - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 63,343 shares of the investment management company's stock, valued at approximately $358,000. Raymond James Financial Inc. owned about 0.11% of Liberty All-Star Growth Fund at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in ASG. Jones Financial Companies Lllp raised its holdings in Liberty All-Star Growth Fund by 83.8% in the 4th quarter. Jones Financial Companies Lllp now owns 28,508 shares of the investment management company's stock valued at $161,000 after buying an additional 12,997 shares during the last quarter. Silver Oak Securities Incorporated acquired a new position in Liberty All-Star Growth Fund during the 4th quarter worth about $73,000. Calamos Advisors LLC grew its position in shares of Liberty All-Star Growth Fund by 23.8% in the 4th quarter. Calamos Advisors LLC now owns 90,922 shares of the investment management company's stock valued at $514,000 after buying an additional 17,485 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Liberty All-Star Growth Fund by 58.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 22,293 shares of the investment management company's stock valued at $126,000 after buying an additional 8,210 shares during the period. Finally, World Investment Advisors LLC bought a new position in shares of Liberty All-Star Growth Fund during the third quarter worth about $447,000. Institutional investors own 21.62% of the company's stock.
Liberty All-Star Growth Fund Price Performance
Shares of Liberty All-Star Growth Fund stock traded up $0.03 during midday trading on Tuesday, reaching $4.81. The company had a trading volume of 54,966 shares, compared to its average volume of 262,054. The stock has a fifty day moving average price of $5.08 and a 200 day moving average price of $5.52. Liberty All-Star Growth Fund, Inc. has a fifty-two week low of $4.01 and a fifty-two week high of $6.08.
Liberty All-Star Growth Fund Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, April 17th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 8.32%. The ex-dividend date of this dividend is Thursday, April 17th.
Liberty All-Star Growth Fund Company Profile
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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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