Wedbush Securities Inc. Raises Stake in Boulder Growth & Income Fund Inc (BIF)

Wedbush Securities Inc. lifted its position in shares of Boulder Growth & Income Fund Inc (NYSE:BIF) by 50.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 64,634 shares of the closed-end fund’s stock after purchasing an additional 21,626 shares during the quarter. Wedbush Securities Inc.’s holdings in Boulder Growth & Income Fund were worth $725,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of BIF. Camden National Bank acquired a new position in shares of Boulder Growth & Income Fund in the 2nd quarter valued at approximately $114,000. Belpointe Asset Management LLC acquired a new position in shares of Boulder Growth & Income Fund in the 2nd quarter valued at approximately $118,000. Trilogy Capital Inc. acquired a new position in shares of Boulder Growth & Income Fund in the 2nd quarter valued at approximately $136,000. NINE MASTS CAPITAL Ltd acquired a new position in shares of Boulder Growth & Income Fund in the 2nd quarter valued at approximately $179,000. Finally, Millennium Management LLC raised its position in shares of Boulder Growth & Income Fund by 25.9% in the 1st quarter. Millennium Management LLC now owns 25,388 shares of the closed-end fund’s stock valued at $274,000 after purchasing an additional 5,226 shares in the last quarter. Institutional investors and hedge funds own 14.71% of the company’s stock.

Shares of BIF opened at $10.74 on Friday. Boulder Growth & Income Fund Inc has a 52-week low of $10.02 and a 52-week high of $11.84.



The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 31st. Shareholders of record on Thursday, January 24th will be given a $0.102 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Wednesday, January 23rd.

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Boulder Growth & Income Fund Company 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.

Further Reading: Stock Symbol

Want to see what other hedge funds are holding BIF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boulder Growth & Income Fund Inc (NYSE:BIF).

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

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