Liberty All-Star Equity Fund (NYSE:USA) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Liberty All-Star Equity Fund (NYSE:USA)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.01 and traded as high as $7.17. Liberty All-Star Equity Fund shares last traded at $7.05, with a volume of 818,410 shares.

Liberty All-Star Equity Fund Trading Down 0.1 %

The business has a fifty day simple moving average of $7.17 and a 200 day simple moving average of $7.01.

Liberty All-Star Equity Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 10.21%. The ex-dividend date was Friday, November 15th.

Institutional Trading of Liberty All-Star Equity Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. D.A. Davidson & CO. grew its position in shares of Liberty All-Star Equity Fund by 1.0% during the 3rd quarter. D.A. Davidson & CO. now owns 160,495 shares of the closed-end fund’s stock valued at $1,140,000 after buying an additional 1,565 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of Liberty All-Star Equity Fund by 0.7% during the third quarter. Private Advisor Group LLC now owns 288,443 shares of the closed-end fund’s stock valued at $2,048,000 after purchasing an additional 1,882 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Liberty All-Star Equity Fund by 3.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 55,819 shares of the closed-end fund’s stock worth $396,000 after purchasing an additional 1,935 shares during the period. Creative Planning lifted its holdings in shares of Liberty All-Star Equity Fund by 4.2% in the 2nd quarter. Creative Planning now owns 72,219 shares of the closed-end fund’s stock worth $491,000 after purchasing an additional 2,940 shares during the last quarter. Finally, Eclectic Associates Inc. ADV boosted its position in Liberty All-Star Equity Fund by 18.5% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 18,955 shares of the closed-end fund’s stock valued at $135,000 after purchasing an additional 2,962 shares during the period. 9.95% of the stock is owned by institutional investors and hedge funds.

About Liberty All-Star Equity Fund

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.