Key Points
- Director Neal Zalenko purchased 1,000 shares on Nov. 25 at an average price of $10.13 for $10,130, raising his direct stake to 16,838 shares (a 6.31% increase), according to an SEC filing.
- Eagle Capital Growth Fund declared an annual dividend of $0.85 per share payable Dec. 12 to holders of record on Nov. 21 (ex-dividend Nov. 21), the company reported (article cites a stated yield of 842.0%).
- Shares opened at $10.00 and were up about 3.0%; the 52-week range is $8.85–$11.68, with a 50-day simple moving average of $10.59 and a 200-day simple moving average of $10.27.
Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF - Get Free Report) Director Neal Zalenko bought 1,000 shares of Eagle Capital Growth Fund stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average price of $10.13 per share, with a total value of $10,130.00. Following the purchase, the director directly owned 16,838 shares in the company, valued at approximately $170,568.94. This trade represents a 6.31% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Eagle Capital Growth Fund Stock Up 3.0%
Shares of NYSEAMERICAN:GRF opened at $10.00 on Friday. Eagle Capital Growth Fund, Inc. has a fifty-two week low of $8.85 and a fifty-two week high of $11.68. The firm's 50-day simple moving average is $10.59 and its 200-day simple moving average is $10.27.
Eagle Capital Growth Fund Announces Dividend
The firm also recently announced an annual dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be given a dividend of $0.85 per share. The ex-dividend date is Friday, November 21st. This represents a yield of 842.0%.
Hedge Funds Weigh In On Eagle Capital Growth Fund
A number of large investors have recently modified their holdings of the business. Blue Bell Private Wealth Management LLC boosted its stake in shares of Eagle Capital Growth Fund by 166.0% in the third quarter. Blue Bell Private Wealth Management LLC now owns 2,421 shares of the company's stock valued at $25,000 after buying an additional 1,511 shares in the last quarter. Matisse Capital acquired a new position in Eagle Capital Growth Fund during the second quarter worth $127,000. Sigma Investment Counselors Inc. raised its position in Eagle Capital Growth Fund by 24.5% in the second quarter. Sigma Investment Counselors Inc. now owns 16,591 shares of the company's stock worth $161,000 after acquiring an additional 3,264 shares in the last quarter. Finally, Osaic Holdings Inc. raised its position in Eagle Capital Growth Fund by 10.9% in the second quarter. Osaic Holdings Inc. now owns 28,862 shares of the company's stock worth $281,000 after acquiring an additional 2,839 shares in the last quarter.
About Eagle Capital Growth Fund
(
Get Free Report)
Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.
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