Mariner Investment Group LLC cut its stake in shares of BOULDER GR&INC (NYSE:BIF) by 75.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,436 shares of the closed-end fund’s stock after selling 92,256 shares during the period. Mariner Investment Group LLC’s holdings in BOULDER GR&INC were worth $296,000 at the end of the most recent quarter.
Separately, Kelman Lazarov Inc. raised its position in BOULDER GR&INC by 19.5% in the second quarter. Kelman Lazarov Inc. now owns 35,360 shares of the closed-end fund’s stock valued at $343,000 after buying an additional 5,758 shares in the last quarter. Institutional investors and hedge funds own 18.91% of the company’s stock.
BOULDER GR&INC (NYSE:BIF) opened at 9.85 on Friday. The stock has a 50 day moving average price of $9.88 and a 200 day moving average price of $9.52. BOULDER GR&INC has a 1-year low of $8.04 and a 1-year high of $10.02.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Tuesday, October 24th will be paid a dividend of $0.034 per share. The ex-dividend date of this dividend is Monday, October 23rd. This represents a $0.41 annualized dividend and a yield of 4.14%.
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BOULDER GR&INC Company Profile
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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