Luke Sims Purchases 2,000 Shares of Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CEO Luke Sims acquired 2,000 shares of the business’s stock in a transaction on Friday, October 17th. The shares were purchased at an average price of $10.75 per share, with a total value of $21,500.00. Following the transaction, the chief executive officer owned 293,860 shares in the company, valued at $3,158,995. The trade was a 0.69% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Eagle Capital Growth Fund Stock Performance

Shares of Eagle Capital Growth Fund stock opened at $10.60 on Thursday. Eagle Capital Growth Fund, Inc. has a one year low of $8.85 and a one year high of $11.68. The firm has a fifty day moving average of $10.57 and a two-hundred day moving average of $10.09.

Eagle Capital Growth Fund Dividend Announcement

The company also recently disclosed 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 805.0%.

Hedge Funds Weigh In On Eagle Capital Growth Fund

A number of large investors have recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC raised its position in Eagle Capital Growth Fund by 166.0% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,421 shares of the company’s stock worth $25,000 after buying an additional 1,511 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Eagle Capital Growth Fund by 10.9% during the 2nd quarter. Osaic Holdings Inc. now owns 28,862 shares of the company’s stock worth $281,000 after purchasing an additional 2,839 shares during the period. Sigma Investment Counselors Inc. grew its stake in shares of Eagle Capital Growth Fund by 24.5% during the 2nd quarter. Sigma Investment Counselors Inc. now owns 16,591 shares of the company’s stock worth $161,000 after purchasing an additional 3,264 shares during the period. Finally, Matisse Capital acquired a new position in shares of Eagle Capital Growth Fund during the 2nd quarter worth $127,000.

Eagle Capital Growth Fund Company Profile

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.