Landscape Capital Management L.L.C. acquired a new position in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 34,330 shares of the investment management company's stock, valued at approximately $505,000.
Other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in shares of Abrdn Asia-Pacific Income Fund during the fourth quarter valued at $37,000. Wilmington Savings Fund Society FSB bought a new position in Abrdn Asia-Pacific Income Fund in the 3rd quarter worth about $55,000. Calamos Advisors LLC purchased a new position in shares of Abrdn Asia-Pacific Income Fund during the fourth quarter worth approximately $162,000. Apollon Wealth Management LLC bought a new stake in shares of Abrdn Asia-Pacific Income Fund during the fourth quarter valued at approximately $170,000. Finally, Mezzasalma Advisors LLC purchased a new position in shares of Abrdn Asia-Pacific Income Fund in the 4th quarter worth approximately $361,000. Institutional investors own 33.55% of the company's stock.
Abrdn Asia-Pacific Income Fund Trading Down 0.4 %
NYSEAMERICAN:FAX traded down $0.06 during midday trading on Friday, reaching $14.46. 27,456 shares of the stock traded hands, compared to its average volume of 150,733. The business has a 50-day moving average of $15.52 and a two-hundred day moving average of $15.04. Abrdn Asia-Pacific Income Fund Inc has a 12-month low of $13.99 and a 12-month high of $17.55.
Abrdn Asia-Pacific Income Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a dividend of $0.165 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $1.98 dividend on an annualized basis and a yield of 13.69%.
Abrdn Asia-Pacific Income Fund Company Profile
(
Free Report)
Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.
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