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

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

Columbia Seligman Premium Technology Growth Fund Stock Performance

The business’s fifty day moving average price is $32.20 and its 200-day moving average price is $30.63.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 27th. Investors of record on Tuesday, February 20th were issued a $0.4625 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.85 annualized dividend and a yield of 6.11%. This is a boost from Columbia Seligman Premium Technology Growth Fund’s previous quarterly dividend of $0.27.

Institutional Investors Weigh In On Columbia Seligman Premium Technology Growth Fund

A number of hedge funds have recently added to or reduced their stakes in STK. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Columbia Seligman Premium Technology Growth Fund by 21.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 34,921 shares of the company’s stock worth $1,121,000 after buying an additional 6,154 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Columbia Seligman Premium Technology Growth Fund by 2.9% during the 1st quarter. NewEdge Advisors LLC now owns 16,005 shares of the company’s stock valued at $514,000 after purchasing an additional 458 shares during the period. International Assets Investment Management LLC grew its stake in shares of Columbia Seligman Premium Technology Growth Fund by 70.8% during the 1st quarter. International Assets Investment Management LLC now owns 28,859 shares of the company’s stock valued at $926,000 after purchasing an additional 11,966 shares during the period. UBS Group AG increased its position in shares of Columbia Seligman Premium Technology Growth Fund by 1.4% during the 1st quarter. UBS Group AG now owns 38,162 shares of the company’s stock valued at $1,225,000 after purchasing an additional 516 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new position in shares of Columbia Seligman Premium Technology Growth Fund in the 1st quarter worth approximately $224,000.

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.