Liberty Broadband (NASDAQ:LBRDP) Trading Up 0.1%

Liberty Broadband Co. (NASDAQ:LBRDP)’s share price was up 0.1% during trading on Friday . The stock traded as high as $22.35 and last traded at $22.20. Approximately 4,007 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 10,525 shares. The stock had previously closed at $22.18.

Liberty Broadband Stock Up 0.1 %

The company has a 50 day moving average price of $23.03 and a 200 day moving average price of $22.41.

Liberty Broadband Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 1st were given a dividend of $0.4375 per share. The ex-dividend date was Thursday, March 28th. This represents a $1.75 annualized dividend and a dividend yield of 7.88%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Liberty Broadband stock. Teachers Retirement System of The State of Kentucky bought a new position in shares of Liberty Broadband Co. (NASDAQ:LBRDP) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,404 shares of the company’s stock, valued at approximately $35,000.

About Liberty Broadband

Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.