Shaker Financial Services LLC Has $7.05 Million Stock Position in Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

Shaker Financial Services LLC decreased its holdings in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 4.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,255,941 shares of the investment management company’s stock after selling 57,378 shares during the period. Liberty All-Star Growth Fund accounts for about 2.7% of Shaker Financial Services LLC’s holdings, making the stock its 4th largest holding. Shaker Financial Services LLC owned about 2.16% of Liberty All-Star Growth Fund worth $7,046,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. GAMMA Investing LLC bought a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter worth approximately $28,000. Blue Bell Private Wealth Management LLC raised its position in shares of Liberty All-Star Growth Fund by 268.0% in 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 acquiring an additional 6,700 shares in the last quarter. Quad Cities Investment Group LLC bought 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 bought a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter worth approximately $59,000. Finally, Creative Planning raised its position 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 in the last quarter. Institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Price Performance

Shares of NYSE:ASG opened at $5.83 on Thursday. Liberty All-Star Growth Fund, Inc. has a 52-week low of $4.74 and a 52-week high of $5.84. The stock has a 50 day moving average price of $5.56 and a 200-day moving average price of $5.38.

Liberty All-Star Growth Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 8.23%. The ex-dividend date is Friday, November 15th.

Liberty All-Star Growth Fund Profile

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.