Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Trading Down 0.7%

Shares of Columbia Seligman Premium Technology Growth Fund (NYSE:STK) dropped 0.7% on Thursday . The company traded as low as $30.10 and last traded at $30.26. Approximately 43,058 shares traded hands during mid-day trading, an increase of 9% from the average daily volume of 39,447 shares. The stock had previously closed at $30.48.

Columbia Seligman Premium Technology Growth Fund Trading Down 2.2 %

The business’s fifty day moving average is $32.11 and its two-hundred day moving average is $30.65.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 27th. Shareholders of record on Tuesday, February 20th were issued a dividend of $0.4625 per share. This is an increase from Columbia Seligman Premium Technology Growth Fund’s previous quarterly dividend of $0.27. This represents a $1.85 annualized dividend and a yield of 6.26%. The ex-dividend date of this dividend was Friday, February 16th.

Hedge Funds Weigh In On Columbia Seligman Premium Technology Growth Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Aviance Capital Partners LLC increased its holdings in shares of Columbia Seligman Premium Technology Growth Fund by 2.8% in the 1st quarter. Aviance Capital Partners LLC now owns 42,017 shares of the company’s stock valued at $1,339,000 after acquiring an additional 1,129 shares during the period. Register Financial Advisors LLC bought a new position in Columbia Seligman Premium Technology Growth Fund in the first quarter worth about $90,000. Whitcomb & Hess Inc. purchased a new stake in shares of Columbia Seligman Premium Technology Growth Fund during the first quarter valued at about $401,000. Global Assets Advisory LLC bought a new stake in shares of Columbia Seligman Premium Technology Growth Fund in the 1st quarter valued at about $1,300,000. Finally, B. Riley Wealth Advisors Inc. grew its position in shares of Columbia Seligman Premium Technology Growth Fund by 83.5% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 14,677 shares of the company’s stock worth $468,000 after buying an additional 6,678 shares during the last quarter.

Columbia Seligman Premium Technology Growth Fund Company Profile

Columbia Seligman Premium Technology Growth Fund is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It invests in public equity markets. The fund seeks to invest in stocks of companies operating in the technology sector. It primarily invests in growth stocks of companies.