B. Riley Wealth Advisors Inc. Sells 3,644 Shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

B. Riley Wealth Advisors Inc. lessened its stake in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 5.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,480 shares of the investment management company’s stock after selling 3,644 shares during the quarter. B. Riley Wealth Advisors Inc. owned about 0.11% of Liberty All-Star Growth Fund worth $342,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Penserra Capital Management LLC acquired a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter valued at approximately $4,448,000. Mercer Global Advisors Inc. ADV raised its position in Liberty All-Star Growth Fund by 2,468.1% during 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 purchasing an additional 443,269 shares in the last quarter. City of London Investment Management Co. Ltd. bought a new stake in Liberty All-Star Growth Fund during the second quarter worth $856,000. Wolverine Asset Management LLC boosted its holdings in shares of Liberty All-Star Growth Fund by 22.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 504,878 shares of the investment management company’s stock valued at $2,696,000 after purchasing an additional 91,154 shares in the last quarter. Finally, World Investment Advisors LLC acquired a new stake in shares of Liberty All-Star Growth Fund in the 3rd quarter valued at $447,000. Institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Price Performance

Liberty All-Star Growth Fund stock opened at $5.70 on Friday. Liberty All-Star Growth Fund, Inc. has a 52 week low of $4.97 and a 52 week high of $6.08. The stock has a fifty day moving average of $5.78 and a 200-day moving average of $5.52.

Liberty All-Star Growth Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 8.42%. 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.