Nomura Asset Management Co. Ltd. acquired a new stake in The Taiwan Fund, Inc. (NYSE:TWN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 32,828 shares of the company's stock, valued at approximately $1,269,000. Nomura Asset Management Co. Ltd. owned about 0.39% of The Taiwan Fund as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the stock. Blue Bell Private Wealth Management LLC raised its holdings in shares of The Taiwan Fund by 20.3% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 2,366 shares of the company's stock worth $91,000 after buying an additional 400 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of The Taiwan Fund in the 4th quarter valued at $216,000. Walleye Capital LLC purchased a new position in The Taiwan Fund in the 3rd quarter worth $220,000. HighTower Advisors LLC lifted its position in The Taiwan Fund by 5.9% during the 3rd quarter. HighTower Advisors LLC now owns 5,831 shares of the company's stock worth $255,000 after acquiring an additional 324 shares during the period. Finally, LPL Financial LLC acquired a new stake in The Taiwan Fund during the 4th quarter worth about $737,000.
The Taiwan Fund Stock Down 4.9 %
Shares of TWN stock traded down $1.45 during mid-day trading on Monday, reaching $27.85. The stock had a trading volume of 43,140 shares, compared to its average volume of 21,926. The Taiwan Fund, Inc. has a 1-year low of $26.81 and a 1-year high of $47.24. The business's fifty day moving average is $36.21 and its 200-day moving average is $40.65.
About The Taiwan Fund
(
Free Report)
The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.SA Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.
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