Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Director Purchases $15,526.00 in Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Director Neal Zalenko purchased 1,400 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was purchased at an average cost of $11.09 per share, for a total transaction of $15,526.00. Following the completion of the acquisition, the director directly owned 21,617 shares of the company’s stock, valued at approximately $239,732.53. The trade was a 6.92% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Eagle Capital Growth Fund Trading Down 2.4%

Shares of GRF opened at $10.82 on Friday. The stock has a fifty day moving average price of $10.86 and a 200-day moving average price of $10.62. Eagle Capital Growth Fund, Inc. has a 12 month low of $8.86 and a 12 month high of $11.85.

Institutional Investors Weigh In On Eagle Capital Growth Fund

A number of institutional investors have recently bought and sold shares of GRF. Sigma Investment Counselors Inc. boosted its holdings in shares of Eagle Capital Growth Fund by 24.5% in the 2nd 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 during the last quarter. Osaic Holdings Inc. increased its stake in Eagle Capital Growth Fund by 10.9% during the second quarter. Osaic Holdings Inc. now owns 28,862 shares of the company’s stock worth $281,000 after acquiring an additional 2,839 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its holdings in shares of Eagle Capital Growth Fund by 166.0% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,421 shares of the company’s stock worth $25,000 after purchasing an additional 1,511 shares during the period. Matisse Capital raised its holdings in shares of Eagle Capital Growth Fund by 26.5% in the 3rd quarter. Matisse Capital now owns 16,262 shares of the company’s stock worth $171,000 after purchasing an additional 3,402 shares during the period. Finally, Basepoint Wealth LLC acquired a new position in shares of Eagle Capital Growth Fund in the 4th quarter valued at about $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.