GWN Securities Inc. Makes New Investment in Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

GWN Securities Inc. bought a new position in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,960 shares of the investment management company’s stock, valued at approximately $100,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Penserra Capital Management LLC purchased a new position in shares of Liberty All-Star Growth Fund during the 3rd quarter worth approximately $4,448,000. Calamos Advisors LLC grew its stake 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 worth $514,000 after buying an additional 17,485 shares during the last quarter. World Investment Advisors LLC purchased a new stake in shares of Liberty All-Star Growth Fund in the 3rd quarter worth approximately $447,000. Raymond James Financial Inc. purchased a new stake in shares of Liberty All-Star Growth Fund in the 4th quarter worth approximately $358,000. Finally, Jones Financial Companies Lllp grew its stake in shares of 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 worth $161,000 after buying an additional 12,997 shares during the last quarter. Hedge funds and other institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Stock Performance

Liberty All-Star Growth Fund stock opened at $4.92 on Wednesday. The stock’s 50 day moving average is $5.48 and its 200 day moving average is $5.61. Liberty All-Star Growth Fund, Inc. has a twelve month low of $4.76 and a twelve month high of $6.08.

Liberty All-Star Growth Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, January 24th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $0.48 annualized dividend and a dividend yield of 9.77%.

About Liberty All-Star Growth Fund

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.