Allspring Global Investments Holdings LLC decreased its position in Abrdn Emerging Markets Equity Income Fund Inc (NYSE:AEF - Free Report) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,366,325 shares of the company's stock after selling 286,719 shares during the quarter. Allspring Global Investments Holdings LLC owned about 10.57% of Abrdn Emerging Markets Equity Income Fund worth $30,239,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in AEF. PNC Financial Services Group Inc. bought a new stake in shares of Abrdn Emerging Markets Equity Income Fund in the 4th quarter valued at approximately $25,000. Blue Bell Private Wealth Management LLC boosted its position in Abrdn Emerging Markets Equity Income Fund by 42.4% during the second quarter. Blue Bell Private Wealth Management LLC now owns 49,646 shares of the company's stock worth $262,000 after purchasing an additional 14,780 shares during the period. Sanctuary Advisors LLC bought a new stake in Abrdn Emerging Markets Equity Income Fund during the second quarter worth approximately $586,000. Uncommon Cents Investing LLC boosted its position in Abrdn Emerging Markets Equity Income Fund by 3.5% during the first quarter. Uncommon Cents Investing LLC now owns 269,411 shares of the company's stock worth $1,361,000 after purchasing an additional 9,082 shares during the period. Finally, Karpus Management Inc. boosted its position in Abrdn Emerging Markets Equity Income Fund by 2.1% during the first quarter. Karpus Management Inc. now owns 338,715 shares of the company's stock worth $1,711,000 after purchasing an additional 7,015 shares during the period. Institutional investors own 73.93% of the company's stock.
Abrdn Emerging Markets Equity Income Fund Stock Up 0.2 %
Abrdn Emerging Markets Equity Income Fund stock traded up $0.01 during trading hours on Thursday, reaching $5.49. 80,963 shares of the company were exchanged, compared to its average volume of 80,028. The stock has a 50-day moving average of $5.47 and a 200 day moving average of $5.30. Abrdn Emerging Markets Equity Income Fund Inc has a 12 month low of $4.40 and a 12 month high of $5.84.
Abrdn Emerging Markets Equity Income Fund Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 23rd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 7.29%.
About Abrdn Emerging Markets Equity Income Fund
(
Free Report)
Abrdn Emerging Markets Equity Income Fund Inc is a closed ended balanced mutual fund and managed by Aberdeen Asset Managers Limited. It invests in the public equity and fixed income markets of Chile. The fund seeks to invest in securities of companies operating across diversified sectors. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio.
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