Anchor Capital Advisors buys $40,304,914 stake in Liberty Broadband Corp (LBRDK)

Liberty Broadband Corp (LBRDK) : Anchor Capital Advisors scooped up 64,783 additional shares in Liberty Broadband Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 639,659 shares of Liberty Broadband Corp which is valued at $40,304,914.Liberty Broadband Corp makes up approximately 1.03% of Anchor Capital Advisors’s portfolio.

Other Hedge Funds, Including , Strs Ohio sold out all of its stake in LBRDK during the most recent quarter. The investment firm sold 1,176 shares of LBRDK which is valued $74,417.Creative Planning boosted its stake in LBRDK in the latest quarter, The investment management firm added 142 additional shares and now holds a total of 5,680 shares of Liberty Broadband Corp which is valued at $353,182.

Liberty Broadband Corp opened for trading at $63.06 and hit $63.47 on the upside on Thursday, eventually ending the session at $63.4, with a gain of 0.62% or 0.39 points. The heightened volatility saw the trading volume jump to 2,78,533 shares. Company has a market cap of $6,554 M.

Liberty Broadband Corporation holds ownership interests in Charter Communications Inc. (Charter ) and TruePosition Inc. (TruePosition) as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video high-speed Internet and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video high-speed data and voice services over its broadband cable systems.

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