International Assets Investment Management LLC purchased a new position in Abrdn Healthcare Investors (NYSE:HQH - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 36,619 shares of the financial services provider's stock, valued at approximately $682,000. International Assets Investment Management LLC owned approximately 0.07% of Abrdn Healthcare Investors as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the business. Northwest Investment Counselors LLC acquired a new position in Abrdn Healthcare Investors during the third quarter valued at $57,000. EverSource Wealth Advisors LLC acquired a new position in Abrdn Healthcare Investors in the second quarter valued at about $93,000. Rothschild Investment LLC purchased a new position in shares of Abrdn Healthcare Investors during the second quarter worth $101,000. Teamwork Financial Advisors LLC acquired a new position in shares of Abrdn Healthcare Investors in the third quarter valued at approximately $201,000. Finally, Truist Financial Corp increased its holdings in Abrdn Healthcare Investors by 11.9% during the 2nd quarter. Truist Financial Corp now owns 12,730 shares of the financial services provider's stock worth $222,000 after purchasing an additional 1,355 shares during the period. Hedge funds and other institutional investors own 32.60% of the company's stock.
Abrdn Healthcare Investors Stock Performance
Shares of HQH stock traded up $0.04 during mid-day trading on Wednesday, hitting $18.32. 153,431 shares of the stock were exchanged, compared to its average volume of 112,047. The stock's fifty day simple moving average is $18.56 and its two-hundred day simple moving average is $17.96. Abrdn Healthcare Investors has a 12-month low of $14.58 and a 12-month high of $19.79.
Abrdn Healthcare Investors Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 23rd were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 12.88%. The ex-dividend date of this dividend was Friday, August 23rd.
Abrdn Healthcare Investors Profile
(
Free Report)
Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.
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