Wedbush Securities Inc. raised its stake in shares of LBTY ALL-STAR F (NYSE:ASG) by 11.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 279,581 shares of the investment management company’s stock after buying an additional 29,521 shares during the period. Wedbush Securities Inc.’s holdings in LBTY ALL-STAR F were worth $1,376,000 as of its most recent filing with the SEC.
Shares of LBTY ALL-STAR F (NYSE ASG) opened at 4.84 on Friday. LBTY ALL-STAR F has a 52-week low of $3.88 and a 52-week high of $5.18. The company has a 50-day moving average of $4.99 and a 200 day moving average of $4.69.
The company also recently declared a quarterly dividend, which will be paid on Monday, September 11th. Stockholders of record on Friday, July 28th will be issued a dividend of $0.11 per share. This is an increase from LBTY ALL-STAR F’s previous quarterly dividend of $0.10. The ex-dividend date is Wednesday, July 26th. This represents a $0.44 annualized dividend and a dividend yield of 9.09%.
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About LBTY ALL-STAR F
Liberty All-Star Growth Fund, Inc is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation. The Fund may lend its portfolio securities only to borrowers that are approved by the Fund’s securities lending agent, State Street Bank & Trust Co (SSB).The Fund’s portfolio includes various sectors, such as information technology, consumer discretionary, industrials, financials, healthcare, consumer staples, energy and real estate.
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