Luke Sims Purchases 2,560 Shares of Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CEO Luke Sims acquired 2,560 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were purchased at an average cost of $9.99 per share, with a total value of $25,574.40. Following the completion of the transaction, the chief executive officer owned 297,827 shares in the company, valued at approximately $2,975,291.73. The trade was a 0.87% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Eagle Capital Growth Fund Trading Down 0.6%

Shares of GRF stock opened at $10.22 on Friday. The firm has a fifty day moving average price of $10.31 and a 200 day moving average price of $10.27. Eagle Capital Growth Fund, Inc. has a 12 month low of $9.60 and a 12 month high of $11.85.

Institutional Trading of Eagle Capital Growth Fund

Institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. increased its holdings in shares of Eagle Capital Growth Fund by 10.9% in the 2nd quarter. Osaic Holdings Inc. now owns 28,862 shares of the company’s stock valued at $281,000 after acquiring an additional 2,839 shares during the last quarter. Sigma Investment Counselors Inc. raised its position in shares of Eagle Capital Growth Fund by 31.0% during the 4th quarter. Sigma Investment Counselors Inc. now owns 21,727 shares of the company’s stock worth $232,000 after acquiring an additional 5,136 shares in the last quarter. Mariner LLC lifted its stake in Eagle Capital Growth Fund by 7.8% during the fourth quarter. Mariner LLC now owns 20,074 shares of the company’s stock worth $215,000 after purchasing an additional 1,446 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its stake in Eagle Capital Growth Fund by 64.4% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 3,980 shares of the company’s stock worth $43,000 after purchasing an additional 1,559 shares during the last quarter. Finally, Basepoint Wealth LLC acquired a new position in Eagle Capital Growth Fund in the fourth quarter valued at approximately $39,000.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund Inc (NYSE American: GRF) is a diversified, closed-end management investment company that seeks long-term capital growth by investing primarily in equity securities of U.S. and foreign issuers. Launched in December 2012, the fund follows a value-oriented investment approach, targeting companies with durable competitive advantages, solid cash flows and attractive valuation metrics.

Advised by Eagle Capital Management LLC, a Boston-based investment firm specializing in fundamental, bottom-up research, the fund’s portfolio includes publicly traded common stocks and, when appropriate, convertible securities.