Liberty All-Star Equity Fund (NYSE:USA) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Liberty All-Star Equity Fund (NYSE:USA) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $6.92 and traded as high as $7.18. Liberty All-Star Equity Fund shares last traded at $7.16, with a volume of 704,261 shares traded.

Liberty All-Star Equity Fund Trading Up 1.4 %

The firm has a 50-day moving average of $7.16 and a 200-day moving average of $6.93.

Liberty All-Star Equity Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 9.88%.

Institutional Investors Weigh In On Liberty All-Star Equity Fund

Large investors have recently made changes to their positions in the business. D.A. Davidson & CO. lifted its stake in shares of Liberty All-Star Equity Fund by 1.0% in 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 purchasing an additional 1,565 shares during the period. Private Advisor Group LLC lifted its stake in shares of Liberty All-Star Equity Fund by 0.7% in the 3rd 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 period. J.W. Cole Advisors Inc. lifted its stake in shares of Liberty All-Star Equity Fund by 3.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 55,819 shares of the closed-end fund’s stock valued at $396,000 after purchasing an additional 1,935 shares during the period. Creative Planning lifted its stake 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 valued at $491,000 after purchasing an additional 2,940 shares during the period. Finally, Eclectic Associates Inc. ADV lifted its stake in shares of Liberty All-Star Equity Fund by 18.5% in 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 currently owned by institutional investors.

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.