Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Director Neal Zalenko Purchases 1,000 Shares

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Director Neal Zalenko bought 1,000 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was purchased at an average price of $10.65 per share, with a total value of $10,650.00. Following the transaction, the director owned 14,327 shares in the company, valued at approximately $152,582.55. This represents a 7.50% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Eagle Capital Growth Fund Price Performance

NYSEAMERICAN GRF traded down $0.02 on Thursday, hitting $10.78. The stock had a trading volume of 552 shares, compared to its average volume of 2,883. The company’s 50-day moving average is $10.65 and its two-hundred day moving average is $10.22. Eagle Capital Growth Fund, Inc. has a one year low of $8.85 and a one year high of $11.68.

Eagle Capital Growth Fund Announces Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be given a $0.85 dividend. The ex-dividend date is Friday, November 21st. This represents a yield of 805.0%.

Hedge Funds Weigh In On Eagle Capital Growth Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in GRF. Blue Bell Private Wealth Management LLC raised its stake in shares of Eagle Capital Growth Fund by 166.0% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,421 shares of the company’s stock worth $25,000 after purchasing an additional 1,511 shares in the last quarter. Matisse Capital bought a new stake in Eagle Capital Growth Fund in the second quarter valued at about $127,000. Sigma Investment Counselors Inc. lifted its stake in shares of Eagle Capital Growth Fund by 24.5% during the second quarter. Sigma Investment Counselors Inc. now owns 16,591 shares of the company’s stock valued at $161,000 after acquiring an additional 3,264 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Eagle Capital Growth Fund by 10.9% during the 2nd quarter. Osaic Holdings Inc. now owns 28,862 shares of the company’s stock worth $281,000 after acquiring an additional 2,839 shares during the period.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.