Liberty All-Star Equity Fund (NYSE:USA) Stock Price Passes Above 200-Day Moving Average of $6.83

Liberty All-Star Equity Fund (NYSE:USA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.83 and traded as high as $7.06. Liberty All-Star Equity Fund shares last traded at $7.03, with a volume of 856,895 shares trading hands.

Liberty All-Star Equity Fund Trading Down 1.0 %

The business has a fifty day moving average price of $6.82 and a 200 day moving average price of $6.84.

Liberty All-Star Equity Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Friday, July 19th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 10.36%. The ex-dividend date was Friday, July 19th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Principal Securities Inc. purchased a new stake in shares of Liberty All-Star Equity Fund during the 4th quarter valued at about $27,000. Larson Financial Group LLC purchased a new stake in Liberty All-Star Equity Fund during the 2nd quarter worth $29,000. EverSource Wealth Advisors LLC acquired a new position in Liberty All-Star Equity Fund in the 2nd quarter worth $61,000. Ashton Thomas Private Wealth LLC purchased a new position in Liberty All-Star Equity Fund in the 2nd quarter valued at about $64,000. Finally, High Net Worth Advisory Group LLC acquired a new stake in shares of Liberty All-Star Equity Fund during the first quarter valued at about $72,000. Hedge funds and other institutional investors own 9.95% of the company’s stock.

Liberty All-Star Equity Fund Company Profile

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.