Oppenheimer & Co. Inc. grew its holdings in shares of BOULDER GR&INC (NYSE:BIF) by 0.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,760 shares of the closed-end fund’s stock after purchasing an additional 57 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in BOULDER GR&INC were worth $600,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Kelman Lazarov Inc. lifted its stake in shares of BOULDER GR&INC by 19.5% during the 2nd quarter. Kelman Lazarov Inc. now owns 35,360 shares of the closed-end fund’s stock worth $343,000 after purchasing an additional 5,758 shares during the period. St. James Investment Company LLC purchased a new position in shares of BOULDER GR&INC during the 2nd quarter worth $720,000. IFP Advisors Inc lifted its stake in shares of BOULDER GR&INC by 4.6% during the 2nd quarter. IFP Advisors Inc now owns 97,249 shares of the closed-end fund’s stock worth $944,000 after purchasing an additional 4,288 shares during the period. Shaker Financial Services LLC lifted its stake in shares of BOULDER GR&INC by 160.4% during the 2nd quarter. Shaker Financial Services LLC now owns 441,062 shares of the closed-end fund’s stock worth $4,283,000 after purchasing an additional 271,659 shares during the period. Finally, Deschutes Portfolio Strategy LLC lifted its stake in shares of BOULDER GR&INC by 0.9% during the 2nd quarter. Deschutes Portfolio Strategy LLC now owns 1,390,000 shares of the closed-end fund’s stock worth $13,497,000 after purchasing an additional 12,300 shares during the period. 16.03% of the stock is currently owned by institutional investors.

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BOULDER GR&INC (BIF) opened at 10.02 on Thursday. BOULDER GR&INC has a 52 week low of $8.04 and a 52 week high of $10.08. The firm’s 50 day moving average price is $9.90 and its 200-day moving average price is $9.61.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 24th will be given a $0.034 dividend. The ex-dividend date is Monday, October 23rd. This represents a $0.41 annualized dividend and a yield of 4.07%.

BOULDER GR&INC 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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Institutional Ownership by Quarter for BOULDER GR&INC (NYSE:BIF)

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