Boulder Growth & Income Fund Inc (NYSE:BIF) Shares Sold by Cetera Advisors LLC

Cetera Advisors LLC lowered its holdings in Boulder Growth & Income Fund Inc (NYSE:BIF) by 5.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,725 shares of the closed-end fund’s stock after selling 1,129 shares during the quarter. Cetera Advisors LLC’s holdings in Boulder Growth & Income Fund were worth $202,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Park Avenue Securities LLC acquired a new position in Boulder Growth & Income Fund in the 1st quarter valued at about $273,000. Parallel Advisors LLC boosted its stake in shares of Boulder Growth & Income Fund by 65.4% during the 1st quarter. Parallel Advisors LLC now owns 7,235 shares of the closed-end fund’s stock worth $78,000 after acquiring an additional 2,861 shares in the last quarter. Matisse Capital boosted its stake in shares of Boulder Growth & Income Fund by 217.3% during the 1st quarter. Matisse Capital now owns 179,493 shares of the closed-end fund’s stock worth $1,935,000 after acquiring an additional 122,928 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its stake in shares of Boulder Growth & Income Fund by 7.1% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 59,939 shares of the closed-end fund’s stock worth $646,000 after acquiring an additional 3,949 shares in the last quarter. Finally, Wedbush Securities Inc. boosted its stake in shares of Boulder Growth & Income Fund by 3.8% during the 1st quarter. Wedbush Securities Inc. now owns 70,155 shares of the closed-end fund’s stock worth $756,000 after acquiring an additional 2,545 shares in the last quarter. 14.23% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:BIF traded up $0.03 during trading on Friday, hitting $11.00. 87,000 shares of the stock were exchanged, compared to its average volume of 152,476. Boulder Growth & Income Fund Inc has a 12-month low of $9.45 and a 12-month high of $11.36.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 23rd will be paid a dividend of $0.102 per share. This represents a $0.41 annualized dividend and a dividend yield of 3.71%. The ex-dividend date is Monday, July 22nd.

In related news, major shareholder Lola Brown Trust 1B acquired 2,319,048 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The stock was purchased at an average cost of $10.96 per share, for a total transaction of $25,416,766.08. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.16% of the stock is owned by insiders.

ILLEGAL ACTIVITY NOTICE: “Boulder Growth & Income Fund Inc (NYSE:BIF) Shares Sold by Cetera Advisors LLC” was reported by Sundance Herald and is the sole property of of Sundance Herald. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://sundanceherald.com/2019/06/14/cetera-advisors-llc-has-202000-position-in-boulder-growth-income-fund-inc-bif.html.

Boulder Growth & Income Fund Profile

Boulder Growth & Income Fund, Inc is a closed-ended balanced mutual fund launched and managed by Boulder Investment Advisers, LLC It is co-managed by Stewart West Indies Trading Co Ltd. and Rocky Mountain Advisers, Llc. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.

Recommended Story: How are dividend achievers different from dividend aristocrats?

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

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



Leave a Reply