International Assets Investment Management LLC Purchases 12,471 Shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

International Assets Investment Management LLC boosted its holdings in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 473.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,105 shares of the investment management company’s stock after acquiring an additional 12,471 shares during the period. International Assets Investment Management LLC’s holdings in Liberty All-Star Growth Fund were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cornerstone Advisors LLC boosted its holdings in Liberty All-Star Growth Fund by 95.8% during the first quarter. Cornerstone Advisors LLC now owns 1,649,968 shares of the investment management company’s stock worth $9,058,000 after purchasing an additional 807,460 shares during the last quarter. Karpus Management Inc. boosted its holdings in shares of Liberty All-Star Growth Fund by 47.0% during the first quarter. Karpus Management Inc. now owns 2,471,772 shares of the investment management company’s stock worth $13,570,000 after acquiring an additional 790,130 shares during the period. Mercer Global Advisors Inc. ADV increased its position in Liberty All-Star Growth Fund by 2,468.1% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 461,229 shares of the investment management company’s stock worth $2,463,000 after buying an additional 443,269 shares during the period. City of London Investment Management Co. Ltd. acquired a new stake in Liberty All-Star Growth Fund in the 2nd quarter worth about $856,000. Finally, Wolverine Asset Management LLC boosted its stake in shares of Liberty All-Star Growth Fund by 22.0% in the second quarter. Wolverine Asset Management LLC now owns 504,878 shares of the investment management company’s stock valued at $2,696,000 after buying an additional 91,154 shares during the period. 21.62% of the stock is currently owned by institutional investors.

Liberty All-Star Growth Fund Stock Up 2.1 %

ASG opened at $5.96 on Friday. Liberty All-Star Growth Fund, Inc. has a twelve month low of $4.74 and a twelve month high of $5.95. The company has a 50-day simple moving average of $5.56 and a 200 day simple moving average of $5.38.

Liberty All-Star Growth Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a $0.12 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.48 annualized dividend and a dividend yield of 8.06%.

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.