Mercer Global Advisors Inc. ADV Has $2.46 Million Holdings in Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

Mercer Global Advisors Inc. ADV raised its position in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 2,468.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 461,229 shares of the investment management company’s stock after acquiring an additional 443,269 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.79% of Liberty All-Star Growth Fund worth $2,463,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of ASG. Karpus Management Inc. lifted its holdings in shares of Liberty All-Star Growth Fund by 162.5% in the 4th quarter. Karpus Management Inc. now owns 1,681,642 shares of the investment management company’s stock worth $8,879,000 after purchasing an additional 1,040,985 shares in the last quarter. Flow State Investments L.P. grew its holdings in shares of Liberty All-Star Growth Fund by 788.2% during the fourth quarter. Flow State Investments L.P. now owns 121,308 shares of the investment management company’s stock valued at $641,000 after buying an additional 107,651 shares during the last quarter. City of London Investment Management Co. Ltd. acquired a new position in shares of Liberty All-Star Growth Fund during the second quarter valued at about $856,000. PNC Financial Services Group Inc. bought a new stake in shares of Liberty All-Star Growth Fund during the fourth quarter worth about $268,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Liberty All-Star Growth Fund by 8.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 93,052 shares of the investment management company’s stock worth $511,000 after acquiring an additional 7,371 shares during the last quarter. Institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Trading Up 1.1 %

ASG stock opened at $5.56 on Tuesday. The business has a 50-day simple moving average of $5.37 and a two-hundred day simple moving average of $5.32. Liberty All-Star Growth Fund, Inc. has a 52-week low of $4.47 and a 52-week high of $5.68.

Liberty All-Star Growth Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Friday, July 19th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, July 19th. This represents a $0.48 annualized dividend and a yield of 8.63%.

Liberty All-Star Growth Fund Company 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.