International Assets Investment Management LLC Acquires 12,471 Shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

International Assets Investment Management LLC raised its stake in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 473.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,105 shares of the investment management company’s stock after buying an additional 12,471 shares during the period. International Assets Investment Management LLC’s holdings in Liberty All-Star Growth Fund were worth $85,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ASG. Mercer Global Advisors Inc. ADV lifted its stake in Liberty All-Star Growth Fund by 2,468.1% in the second quarter. Mercer Global Advisors Inc. ADV now owns 461,229 shares of the investment management company’s stock valued at $2,463,000 after buying an additional 443,269 shares during the period. City of London Investment Management Co. Ltd. bought a new stake in Liberty All-Star Growth Fund during the 2nd quarter valued at $856,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Liberty All-Star Growth Fund by 8.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 93,052 shares of the investment management company’s stock worth $511,000 after buying an additional 7,371 shares in the last quarter. Calamos Advisors LLC lifted its position in Liberty All-Star Growth Fund by 46.4% in the 2nd quarter. Calamos Advisors LLC now owns 62,946 shares of the investment management company’s stock worth $336,000 after buying an additional 19,963 shares during the last quarter. Finally, GAMMA Investing LLC purchased a new stake in Liberty All-Star Growth Fund during the 3rd quarter valued at about $28,000. Institutional investors and hedge funds own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Stock Up 2.1 %

ASG opened at $5.96 on Friday. Liberty All-Star Growth Fund, Inc. has a one year low of $4.74 and a one year high of $5.95. The business has a 50 day simple moving average of $5.56 and a two-hundred day simple moving average of $5.38.

Liberty All-Star Growth Fund Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.06%. The ex-dividend date of this dividend is Friday, November 15th.

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.