Liberty All-Star Equity Fund (NYSE:USA – Get Free Report)’s stock price was down 5% during trading on Friday . The stock traded as low as $6.57 and last traded at $6.66. Approximately 1,346,536 shares traded hands during trading, an increase of 74% from the average daily volume of 772,408 shares. The stock had previously closed at $7.01.
Liberty All-Star Equity Fund Stock Down 2.1 %
The business has a fifty day moving average price of $6.82 and a 200 day moving average price of $6.77.
Liberty All-Star Equity Fund Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Friday, July 19th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, July 19th. This represents a $0.72 dividend on an annualized basis and a yield of 10.78%.
Institutional Investors Weigh In On Liberty All-Star Equity Fund
Large investors have recently made changes to their positions in the business. Advisor Resource Council purchased a new stake in Liberty All-Star Equity Fund during the 4th quarter worth $152,000. CoreCap Advisors LLC boosted its position in shares of Liberty All-Star Equity Fund by 10.8% in the fourth quarter. CoreCap Advisors LLC now owns 56,899 shares of the closed-end fund’s stock worth $363,000 after buying an additional 5,525 shares during the period. Raymond James & Associates grew its stake in shares of Liberty All-Star Equity Fund by 3.7% in the fourth quarter. Raymond James & Associates now owns 460,116 shares of the closed-end fund’s stock valued at $2,936,000 after buying an additional 16,583 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Liberty All-Star Equity Fund by 18.3% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 549,471 shares of the closed-end fund’s stock valued at $3,506,000 after buying an additional 84,919 shares during the period. Finally, Bensler LLC lifted its position in Liberty All-Star Equity Fund by 7.9% during the 4th quarter. Bensler LLC now owns 1,399,707 shares of the closed-end fund’s stock worth $8,930,000 after acquiring an additional 102,438 shares in the last quarter. Institutional investors and hedge funds 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.
Read More
Receive News & Ratings for Liberty All-Star Equity Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Liberty All-Star Equity Fund and related companies with MarketBeat.com’s FREE daily email newsletter.
