Jane Street Group LLC Takes Position in Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

Jane Street Group LLC purchased a new stake in shares of Liberty All-Star Growth Fund, Inc. (NYSE:ASG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 24,575 shares of the investment management company’s stock, valued at approximately $139,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Liberty All-Star Growth Fund by 24.5% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,149 shares of the investment management company’s stock valued at $74,000 after buying an additional 2,591 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Liberty All-Star Growth Fund by 68.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,422 shares of the investment management company’s stock valued at $98,000 after buying an additional 7,100 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Liberty All-Star Growth Fund by 58.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,293 shares of the investment management company’s stock valued at $126,000 after buying an additional 8,210 shares in the last quarter. Two Sigma Securities LLC purchased a new position in shares of Liberty All-Star Growth Fund during the fourth quarter valued at $66,000. Finally, Silver Oak Securities Incorporated purchased a new position in shares of Liberty All-Star Growth Fund during the fourth quarter valued at $73,000. Hedge funds and other institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Trading Up 0.6%

Shares of ASG stock opened at $5.34 on Friday. Liberty All-Star Growth Fund, Inc. has a 1-year low of $4.01 and a 1-year high of $6.08. The stock’s fifty day simple moving average is $4.95 and its 200-day simple moving average is $5.34.

Liberty All-Star Growth Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, April 17th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, April 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 7.49%.

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.