Neal Zalenko Buys 1,000 Shares of Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Director Neal Zalenko purchased 1,000 shares of the stock in a transaction on Monday, November 17th. The stock was bought at an average cost of $10.80 per share, for a total transaction of $10,800.00. Following the completion of the acquisition, the director owned 15,327 shares in the company, valued at approximately $165,531.60. This trade represents a 6.98% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Eagle Capital Growth Fund Price Performance

GRF stock remained flat at $10.64 during mid-day trading on Wednesday. 5,355 shares of the company’s stock traded hands, compared to its average volume of 2,941. Eagle Capital Growth Fund, Inc. has a 1 year low of $8.85 and a 1 year high of $11.68. The business has a fifty day simple moving average of $10.66 and a 200 day simple moving average of $10.25.

Eagle Capital Growth Fund Announces Dividend

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%.

Institutional Investors Weigh In On Eagle Capital Growth Fund

A number of institutional investors have recently modified their holdings of GRF. Blue Bell Private Wealth Management LLC increased its position in Eagle Capital Growth Fund by 166.0% during the third quarter. Blue Bell Private Wealth Management LLC now owns 2,421 shares of the company’s stock worth $25,000 after acquiring an additional 1,511 shares during the period. Matisse Capital bought a new stake in shares of Eagle Capital Growth Fund in the second quarter valued at approximately $127,000. Sigma Investment Counselors Inc. raised its stake 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 valued at $161,000 after purchasing an additional 3,264 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake 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 valued at $281,000 after purchasing an additional 2,839 shares in the last quarter.

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.