Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Director Acquires $10,990.00 in Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Director Neal Zalenko bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was purchased at an average cost of $10.99 per share, with a total value of $10,990.00. Following the purchase, the director directly owned 22,617 shares in the company, valued at $248,560.83. The trade was a 4.63% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Eagle Capital Growth Fund Price Performance

Shares of Eagle Capital Growth Fund stock traded up $0.34 during mid-day trading on Thursday, hitting $11.09. 1,565 shares of the stock were exchanged, compared to its average volume of 1,282. Eagle Capital Growth Fund, Inc. has a twelve month low of $8.86 and a twelve month high of $11.85. The company has a 50-day simple moving average of $10.85 and a 200 day simple moving average of $10.61.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Blue Bell Private Wealth Management LLC lifted its stake in shares of Eagle Capital Growth Fund by 166.0% during 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. Basepoint Wealth LLC acquired a new position in Eagle Capital Growth Fund in the fourth quarter valued at $39,000. Sigma Investment Counselors Inc. lifted its position in Eagle Capital Growth Fund by 24.5% during the second quarter. Sigma Investment Counselors Inc. now owns 16,591 shares of the company’s stock worth $161,000 after buying an additional 3,264 shares during the period. Matisse Capital boosted its stake in 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 buying an additional 3,402 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in 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 buying an additional 2,839 shares during the period.

About Eagle Capital Growth Fund

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.