Prevail Innovative Wealth Advisors LLC Takes Position in Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

Prevail Innovative Wealth Advisors LLC acquired a new stake in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 24,573 shares of the investment management company’s stock, valued at approximately $139,000.

Other large investors have also added to or reduced their stakes in the company. World Investment Advisors LLC purchased a new stake in Liberty All-Star Growth Fund during the third quarter valued at about $447,000. Raymond James Financial Inc. purchased a new stake in shares of Liberty All-Star Growth Fund in the fourth quarter worth about $358,000. Calamos Advisors LLC increased its holdings in Liberty All-Star Growth Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 90,922 shares of the investment management company’s stock worth $514,000 after acquiring an additional 17,485 shares during the period. GWN Securities Inc. purchased a new stake in Liberty All-Star Growth Fund in the 4th quarter worth approximately $100,000. Finally, Jones Financial Companies Lllp boosted its holdings in 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 valued at $161,000 after purchasing an additional 12,997 shares during the period. Hedge funds and other institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Stock Down 1.9 %

Liberty All-Star Growth Fund stock opened at $4.89 on Monday. Liberty All-Star Growth Fund, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $6.08. The firm’s fifty day moving average price is $5.36 and its 200-day moving average price is $5.59.

Liberty All-Star Growth Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, January 24th were given 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 9.83%.

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.