Penserra Capital Management LLC Buys New Shares in Liberty All-Star Growth Fund, Inc. (NYSE:ASG)

Penserra Capital Management LLC purchased a new position in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 792,993 shares of the investment management company’s stock, valued at approximately $4,448,000. Penserra Capital Management LLC owned about 1.36% of Liberty All-Star Growth Fund as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC acquired a new position in shares of Liberty All-Star Growth Fund in the 3rd quarter worth $28,000. Blue Bell Private Wealth Management LLC raised its holdings in Liberty All-Star Growth Fund by 268.0% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,200 shares of the investment management company’s stock worth $49,000 after buying an additional 6,700 shares during the period. Quad Cities Investment Group LLC purchased a new stake in Liberty All-Star Growth Fund during the third quarter valued at about $56,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Liberty All-Star Growth Fund in the third quarter worth about $59,000. Finally, Creative Planning increased its position in shares of Liberty All-Star Growth Fund by 16.8% in the third quarter. Creative Planning now owns 12,959 shares of the investment management company’s stock worth $73,000 after acquiring an additional 1,861 shares in the last quarter. Institutional investors own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Stock Performance

Shares of NYSE:ASG opened at $5.79 on Monday. Liberty All-Star Growth Fund, Inc. has a 52 week low of $4.93 and a 52 week high of $6.08. The firm has a 50 day simple moving average of $5.67 and a 200 day simple moving average of $5.44.

Liberty All-Star Growth Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, November 15th. This represents a $0.48 annualized dividend and a yield of 8.29%.

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.