St. James Investment Company LLC acquired a new stake in shares of BOULDER GR&INC (NYSE:BIF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 74,190 shares of the closed-end fund’s stock, valued at approximately $720,000. BOULDER GR&INC comprises about 0.1% of St. James Investment Company LLC’s investment portfolio, making the stock its 28th largest position.
Separately, IFP Advisors Inc boosted its stake in BOULDER GR&INC by 4.6% in the second quarter. IFP Advisors Inc now owns 97,249 shares of the closed-end fund’s stock valued at $944,000 after buying an additional 4,288 shares during the period. Institutional investors and hedge funds own 18.91% of the company’s stock.
BOULDER GR&INC (NYSE BIF) traded up 0.61% during midday trading on Friday, hitting $9.85. The company had a trading volume of 189,769 shares. BOULDER GR&INC has a 52 week low of $8.04 and a 52 week high of $10.02. The stock has a 50 day moving average price of $9.88 and a 200-day moving average price of $9.52.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders 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 dividend 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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