Shares of Boulder Growth & Income Fund Inc (NYSE:BIF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $11.99 and last traded at $11.93, with a volume of 219700 shares. The stock had previously closed at $11.93.

The business has a fifty day moving average of $11.74 and a 200-day moving average of $11.27.

Hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in Boulder Growth & Income Fund by 5.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 30,304 shares of the closed-end fund’s stock worth $339,000 after buying an additional 1,643 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Boulder Growth & Income Fund by 9.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 45,198 shares of the closed-end fund’s stock worth $506,000 after buying an additional 4,048 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Boulder Growth & Income Fund by 8.6% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 12,688 shares of the closed-end fund’s stock worth $143,000 after buying an additional 1,000 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Boulder Growth & Income Fund by 63.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 88,580 shares of the closed-end fund’s stock worth $992,000 after buying an additional 34,396 shares in the last quarter. Finally, Stifel Financial Corp grew its holdings in Boulder Growth & Income Fund by 14.1% in the 3rd quarter. Stifel Financial Corp now owns 109,537 shares of the closed-end fund’s stock worth $1,225,000 after buying an additional 13,535 shares in the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Boulder Growth & Income Fund Company Profile (NYSE:BIF)

Boulder Growth & Income Fund, Inc is a closed-ended balanced mutual fund launched and managed by Boulder Investment Advisers, LLC It is co-managed by Stewart West Indies Trading Co Ltd. and Rocky Mountain Advisers, Llc. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.

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