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

Columbia Seligman Premium Technology Growth Fund (NYSE:STK)’s stock price was down 0.7% during trading on Thursday . The stock 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 Stock Down 2.2 %

The company has a 50 day moving average price of $32.11 and a 200-day moving average price of $30.65.

Columbia Seligman Premium Technology Growth Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 27th. Shareholders of record on Tuesday, February 20th were given a $0.4625 dividend. The ex-dividend date was Friday, February 16th. This represents a $1.85 dividend on an annualized basis and a yield of 6.26%. This is a positive change from Columbia Seligman Premium Technology Growth Fund’s previous quarterly dividend of $0.27.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Comerica Bank bought a new position in Columbia Seligman Premium Technology Growth Fund in the third quarter valued at about $29,000. Captrust Financial Advisors bought a new stake in shares of Columbia Seligman Premium Technology Growth Fund in the second quarter worth $38,000. Register Financial Advisors LLC acquired a new stake in Columbia Seligman Premium Technology Growth Fund in the first quarter valued at $90,000. NBC Securities Inc. bought a new position in Columbia Seligman Premium Technology Growth Fund during the 3rd quarter worth $95,000. Finally, Parallel Advisors LLC lifted its holdings in Columbia Seligman Premium Technology Growth Fund by 12.8% during the 4th quarter. Parallel Advisors LLC now owns 3,936 shares of the company’s stock worth $124,000 after buying an additional 448 shares during the period.

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.