Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC reduced its holdings in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) by 97.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,600 shares of the investment management company’s stock after selling 226,760 shares during the quarter. Wolverine Asset Management LLC’s holdings in Liberty All-Star Growth Fund were worth $37,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Liberty All-Star Growth Fund in the 3rd quarter valued at approximately $59,000. Silver Oak Securities Incorporated acquired a new stake in shares of Liberty All-Star Growth Fund in the 4th quarter valued at approximately $73,000. Creative Planning increased its stake in Liberty All-Star Growth Fund by 16.8% in the 3rd quarter. Creative Planning now owns 12,959 shares of the investment management company’s stock valued at $73,000 after purchasing an additional 1,861 shares in the last quarter. International Assets Investment Management LLC increased its stake in Liberty All-Star Growth Fund by 473.5% in 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 purchasing an additional 12,471 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Liberty All-Star Growth Fund by 58.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 22,293 shares of the investment management company’s stock valued at $126,000 after purchasing an additional 8,210 shares in the last quarter. 21.62% of the stock is owned by institutional investors and hedge funds.

Liberty All-Star Growth Fund Stock Down 1.8 %

NYSE ASG opened at $5.29 on Tuesday. Liberty All-Star Growth Fund, Inc. has a 1-year low of $4.97 and a 1-year high of $6.08. The business has a 50 day moving average price of $5.70 and a 200 day moving average price of $5.65.

Liberty All-Star Growth Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 24th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 9.08%. The ex-dividend date is Friday, January 24th.

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.