Boulder Growth and Income Fund Inc (BIF) Stake Increased by Wells Fargo & Company MN

Wells Fargo & Company MN increased its holdings in shares of Boulder Growth and Income Fund Inc (NYSE:BIF) by 17.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 329,969 shares of the closed-end fund’s stock after purchasing an additional 47,830 shares during the period. Wells Fargo & Company MN owned 0.31% of Boulder Growth and Income Fund worth $3,366,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of BIF. Ameriprise Financial Inc. boosted its stake in Boulder Growth and Income Fund by 12.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 58,403 shares of the closed-end fund’s stock worth $567,000 after purchasing an additional 6,599 shares during the period. D.A. Davidson & CO. boosted its stake in Boulder Growth and Income Fund by 12.9% during the 2nd quarter. D.A. Davidson & CO. now owns 51,644 shares of the closed-end fund’s stock worth $501,000 after purchasing an additional 5,891 shares during the period. Advisor Group Inc. boosted its stake in Boulder Growth and Income Fund by 38.6% during the 2nd quarter. Advisor Group Inc. now owns 60,598 shares of the closed-end fund’s stock worth $588,000 after purchasing an additional 16,869 shares during the period. Royal Bank of Canada boosted its stake in Boulder Growth and Income Fund by 6.6% during the 2nd quarter. Royal Bank of Canada now owns 412,721 shares of the closed-end fund’s stock worth $4,008,000 after purchasing an additional 25,484 shares during the period. Finally, Punch & Associates Investment Management Inc. boosted its stake in Boulder Growth and Income Fund by 1.6% during the 2nd quarter. Punch & Associates Investment Management Inc. now owns 279,330 shares of the closed-end fund’s stock worth $2,712,000 after purchasing an additional 4,461 shares during the period. Hedge funds and other institutional investors own 15.19% of the company’s stock.

Shares of Boulder Growth and Income Fund Inc (NYSE:BIF) traded up $0.03 during trading hours on Thursday, reaching $11.59. 136,150 shares of the company were exchanged, compared to its average volume of 205,816. Boulder Growth and Income Fund Inc has a 12-month low of $9.01 and a 12-month high of $11.84.

The company also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 24th were paid a $0.034 dividend. This represents a $0.41 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend was Tuesday, January 23rd.

ILLEGAL ACTIVITY WARNING: “Boulder Growth and Income Fund Inc (BIF) Stake Increased by Wells Fargo & Company MN” was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.dispatchtribunal.com/2018/02/01/boulder-growth-and-income-fund-inc-bif-holdings-boosted-by-wells-fargo-company-mn.html.

About Boulder Growth and Income Fund

Boulder Growth & Income Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is total return comprising both income and capital appreciation. Under normal market conditions, the Fund intends to invest at least 80% of its net assets in common stocks, such as dividend-paying closed-end funds and real estate investment trusts.

Institutional Ownership by Quarter for Boulder Growth and Income Fund (NYSE:BIF)

Receive News & Ratings for Boulder Growth and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boulder Growth and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply