Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Holdings Cut by Cornerstone Advisors LLC

Cornerstone Advisors LLC lowered its holdings in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 44.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 914,722 shares of the investment management company’s stock after selling 732,476 shares during the period. Cornerstone Advisors LLC owned about 1.57% of Liberty All-Star Growth Fund worth $5,168,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Creative Planning lifted its holdings in Liberty All-Star Growth Fund by 16.8% in the third quarter. Creative Planning now owns 12,959 shares of the investment management company’s stock worth $73,000 after acquiring an additional 1,861 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in Liberty All-Star Growth Fund by 24.5% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,149 shares of the investment management company’s stock worth $74,000 after acquiring an additional 2,591 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Liberty All-Star Growth Fund by 58.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,293 shares of the investment management company’s stock valued at $126,000 after buying an additional 8,210 shares during the last quarter. Silver Oak Securities Incorporated bought a new stake in shares of Liberty All-Star Growth Fund during the fourth quarter valued at approximately $73,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of Liberty All-Star Growth Fund by 83.8% during the fourth quarter. Jones Financial Companies Lllp now owns 28,508 shares of the investment management company’s stock valued at $161,000 after buying an additional 12,997 shares during the last quarter. Institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Stock Down 3.5 %

ASG opened at $4.84 on Tuesday. The business’s 50 day moving average is $5.57 and its 200-day moving average is $5.63. 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 firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, January 24th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.93%.

Liberty All-Star Growth Fund Profile

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.