Allspring Global Investments Holdings LLC reduced its position in The Taiwan Fund, Inc. (NYSE:TWN - Free Report) by 5.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 806,488 shares of the company's stock after selling 48,398 shares during the period. Allspring Global Investments Holdings LLC owned about 10.17% of The Taiwan Fund worth $35,429,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. City of London Investment Management Co. Ltd. boosted its position in The Taiwan Fund by 2.1% during the second quarter. City of London Investment Management Co. Ltd. now owns 2,738,223 shares of the company's stock valued at $120,318,000 after purchasing an additional 55,274 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in The Taiwan Fund in the second quarter valued at approximately $819,000. Rothschild Investment LLC bought a new stake in The Taiwan Fund in the second quarter worth approximately $52,000. Matisse Capital increased its stake in shares of The Taiwan Fund by 6.2% during the 2nd quarter. Matisse Capital now owns 69,000 shares of the company's stock worth $3,032,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of The Taiwan Fund by 4.3% during the 1st quarter. Lazard Asset Management LLC now owns 1,244,553 shares of the company's stock valued at $49,309,000 after purchasing an additional 51,086 shares in the last quarter.
The Taiwan Fund Trading Down 0.1 %
NYSE:TWN traded down $0.03 during trading hours on Wednesday, reaching $45.82. The company's stock had a trading volume of 11,976 shares, compared to its average volume of 19,255. The Taiwan Fund, Inc. has a one year low of $27.03 and a one year high of $46.41. The business's 50-day moving average is $43.55 and its 200-day moving average is $41.91.
The Taiwan Fund Profile
(
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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