Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Position Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 58.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,293 shares of the investment management company’s stock after acquiring an additional 8,210 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Liberty All-Star Growth Fund were worth $126,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ASG. GAMMA Investing LLC purchased a new position in Liberty All-Star Growth Fund during the 3rd quarter valued at about $28,000. Quad Cities Investment Group LLC purchased a new position in Liberty All-Star Growth Fund during the 3rd quarter valued at about $56,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Liberty All-Star Growth Fund during the 3rd quarter valued at about $59,000. Creative Planning grew its stake in Liberty All-Star Growth Fund by 16.8% during the 3rd quarter. Creative Planning now owns 12,959 shares of the investment management company’s stock valued at $73,000 after acquiring an additional 1,861 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in Liberty All-Star Growth Fund by 473.5% during the 3rd quarter. International Assets Investment Management LLC now owns 15,105 shares of the investment management company’s stock valued at $85,000 after acquiring an additional 12,471 shares in the last quarter. Hedge funds and other institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Stock Up 0.6 %

NYSE:ASG opened at $5.62 on Friday. Liberty All-Star Growth Fund, Inc. has a fifty-two week low of $4.97 and a fifty-two week high of $6.08. The stock’s 50-day moving average is $5.76 and its two-hundred day moving average is $5.63.

Liberty All-Star Growth Fund Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 24th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.48 annualized dividend and a dividend yield of 8.55%.

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.