Institutional Investors Sentiment Indicator of Liberty All Star Equity Fund (NYSE:USA) Improves in Q1 2018

June 14, 2018 - By Migdalia James

Sentiment for Liberty All Star Equity Fund (NYSE:USA)

Liberty All Star Equity Fund (NYSE:USA) institutional sentiment increased to 1.23 in Q1 2018. Its up 0.10, from 1.13 in 2017Q4. The ratio improved, as 49 institutional investors opened new and increased equity positions, while 40 sold and trimmed stock positions in Liberty All Star Equity Fund. The institutional investors in our partner’s database now hold: 40.52 million shares, down from 46.47 million shares in 2017Q4. Also, the number of institutional investors holding Liberty All Star Equity Fund in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 12 Reduced: 28 Increased: 35 New Position: 14.

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. The company has market cap of $1.26 billion. 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. It has a 5.1 P/E ratio. It invests in the public equity markets of the United States.

The stock increased 0.91% or $0.06 during the last trading session, reaching $6.62. About 651,251 shares traded. Liberty All-Star Equity Fund (NYSE:USA) has risen 14.54% since June 14, 2017 and is uptrending. It has outperformed by 1.97% the S&P500.

Blue Bell Private Wealth Management Llc holds 4.03% of its portfolio in Liberty All-Star Equity Fund for 1.50 million shares. Thomas J. Herzfeld Advisors Inc. owns 1.21 million shares or 2.87% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 2.86% invested in the company for 6.27 million shares. The Virginia-based 1607 Capital Partners Llc has invested 1.3% in the stock. Arete Wealth Advisors Llc, a Illinois-based fund reported 424,523 shares.

More news for Liberty All-Star Equity Fund (NYSE:USA) were recently published by: Seekingalpha.com, which released: “These 15 Closed-End Funds Are Consistent Market Beaters – Part 2” on June 08, 2018. Benzinga.com‘s article titled: “Liberty All-Star® Equity Fund April 2018 Update” and published on May 16, 2018 is yet another important article.

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