The Taiwan Fund, Inc. (NYSE:TWN) Stock Holdings Lessened by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its stake in The Taiwan Fund, Inc. (NYSE:TWN - Free Report) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 782,642 shares of the company's stock after selling 23,846 shares during the period. Allspring Global Investments Holdings LLC owned approximately 9.19% of The Taiwan Fund worth $30,249,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TWN. Walleye Capital LLC purchased a new stake in shares of The Taiwan Fund during the third quarter valued at approximately $220,000. HighTower Advisors LLC grew its holdings in The Taiwan Fund by 5.9% during the 3rd quarter. HighTower Advisors LLC now owns 5,831 shares of the company's stock valued at $255,000 after purchasing an additional 324 shares in the last quarter. Landscape Capital Management L.L.C. increased its stake in The Taiwan Fund by 1.3% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 17,653 shares of the company's stock worth $775,000 after buying an additional 222 shares during the period. Matisse Capital increased its stake in The Taiwan Fund by 1.4% during the 4th quarter. Matisse Capital now owns 70,000 shares of the company's stock worth $2,706,000 after buying an additional 1,000 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in The Taiwan Fund during the 3rd quarter worth $14,483,000.

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The Taiwan Fund Stock Up 0.5 %

Shares of The Taiwan Fund stock traded up $0.20 during trading hours on Wednesday, hitting $39.24. 16,893 shares of the company's stock traded hands, compared to its average volume of 21,506. The Taiwan Fund, Inc. has a twelve month low of $36.07 and a twelve month high of $47.24. The stock has a 50 day simple moving average of $40.22 and a 200-day simple moving average of $42.29.

The Taiwan Fund Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were paid a dividend of $7.3984 per share. This represents a yield of 16.17%. The ex-dividend date of this dividend was Friday, December 27th. This is a positive change from The Taiwan Fund's previous annual dividend of $0.44.

The Taiwan Fund Company Profile

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.