Raymond James & Associates Cuts Position in Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

Raymond James & Associates decreased its stake in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASGFree Report) by 20.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,746 shares of the investment management company’s stock after selling 7,505 shares during the quarter. Raymond James & Associates’ holdings in Liberty All-Star Growth Fund were worth $142,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ASG. Avior Wealth Management LLC purchased a new position in shares of Liberty All-Star Growth Fund in the third quarter worth approximately $25,000. Archer Investment Corp purchased a new position in shares of Liberty All-Star Growth Fund during the 2nd quarter worth $31,000. JPMorgan Chase & Co. purchased a new stake in shares of Liberty All-Star Growth Fund in the 4th quarter worth $39,000. Virtu Financial LLC bought a new position in Liberty All-Star Growth Fund in the 4th quarter worth $54,000. Finally, Advisor OS LLC purchased a new position in Liberty All-Star Growth Fund during the second quarter valued at $55,000. 7.39% of the stock is owned by hedge funds and other institutional investors.

Liberty All-Star Growth Fund Stock Performance

Shares of ASG opened at $5.35 on Thursday. The business has a 50-day simple moving average of $5.20 and a two-hundred day simple moving average of $5.08. Liberty All-Star Growth Fund, Inc. has a 52 week low of $4.47 and a 52 week high of $5.71.

Liberty All-Star Growth Fund Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 4th. Investors of record on Friday, January 19th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 8.22%. This is a positive change from Liberty All-Star Growth Fund’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Thursday, January 18th.

About Liberty All-Star Growth Fund

(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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Institutional Ownership by Quarter for Liberty All-Star Growth Fund (NYSE:ASG)

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