Liberty All-Star Equity Fund (NYSE:USA) Shares Cross Above 200 Day Moving Average of $6.83

Liberty All-Star Equity Fund (NYSE:USA)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.83 and traded as high as $7.06. Liberty All-Star Equity Fund shares last traded at $7.03, with a volume of 856,895 shares.

Liberty All-Star Equity Fund Stock Up 0.8 %

The business has a 50-day moving average of $6.82 and a 200-day moving average of $6.83.

Liberty All-Star Equity Fund Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Friday, July 19th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 10.25%. The ex-dividend date of this dividend was Friday, July 19th.

Hedge Funds Weigh In On Liberty All-Star Equity Fund

A number of institutional investors have recently bought and sold shares of USA. Heritage Wealth Management Inc. bought a new position in shares of Liberty All-Star Equity Fund during the 2nd quarter worth approximately $582,000. Cetera Investment Advisers raised its position in shares of Liberty All-Star Equity Fund by 20.8% in the second quarter. Cetera Investment Advisers now owns 305,529 shares of the closed-end fund’s stock valued at $2,078,000 after purchasing an additional 52,518 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Liberty All-Star Equity Fund by 10.6% during the 2nd quarter. NewEdge Advisors LLC now owns 156,797 shares of the closed-end fund’s stock worth $1,066,000 after buying an additional 15,010 shares during the last quarter. Creative Planning boosted its holdings in shares of Liberty All-Star Equity Fund by 4.2% during the 2nd quarter. Creative Planning now owns 72,219 shares of the closed-end fund’s stock worth $491,000 after buying an additional 2,940 shares during the period. Finally, Silver Lake Advisory LLC bought a new position in Liberty All-Star Equity Fund in the 2nd quarter valued at about $476,000. Institutional investors and hedge funds own 9.95% of the company’s stock.

Liberty All-Star Equity Fund Company Profile

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.