Claraphi Advisory Network LLC bought a new stake in Boulder Growth and Income Fund Inc (NYSE:BIF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 27,524 shares of the closed-end fund’s stock, valued at approximately $305,000.
Several other hedge funds also recently bought and sold shares of the company. Creative Planning purchased a new stake in shares of Boulder Growth and Income Fund during the fourth quarter valued at approximately $114,000. Round Table Services LLC purchased a new stake in Boulder Growth and Income Fund in the third quarter worth $132,000. BB&T Securities LLC purchased a new stake in Boulder Growth and Income Fund in the third quarter worth $140,000. Advisory Services Network LLC increased its position in Boulder Growth and Income Fund by 73.5% in the second quarter. Advisory Services Network LLC now owns 16,776 shares of the closed-end fund’s stock worth $163,000 after buying an additional 7,108 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new stake in Boulder Growth and Income Fund in the second quarter worth $224,000. Institutional investors own 15.15% of the company’s stock.
Boulder Growth and Income Fund Inc (NYSE:BIF) traded up $0.06 during trading hours on Wednesday, reaching $10.97. The company’s stock had a trading volume of 30,623 shares, compared to its average volume of 246,615. Boulder Growth and Income Fund Inc has a twelve month low of $9.17 and a twelve month high of $11.84.
The business also recently declared a monthly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 22nd will be issued a $0.034 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date is Wednesday, March 21st.
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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.
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