Wolverine Asset Management LLC boosted its position in shares of The Korea Fund, Inc. (NYSE:KF - Free Report) by 128.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 73,165 shares of the company's stock after buying an additional 41,171 shares during the quarter. Wolverine Asset Management LLC owned approximately 1.51% of The Korea Fund worth $1,349,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KF. Public Employees Retirement System of Ohio acquired a new position in The Korea Fund in the 3rd quarter worth about $6,220,000. Mraz Amerine & Associates Inc. increased its stake in shares of The Korea Fund by 26.2% during the fourth quarter. Mraz Amerine & Associates Inc. now owns 62,111 shares of the company's stock worth $1,146,000 after purchasing an additional 12,901 shares in the last quarter. Finally, Matisse Capital acquired a new position in shares of The Korea Fund during the 4th quarter worth about $291,000. Hedge funds and other institutional investors own 69.99% of the company's stock.
The Korea Fund Trading Down 0.2 %
KF stock traded down $0.04 during trading on Tuesday, hitting $21.06. The stock had a trading volume of 2,470 shares, compared to its average volume of 13,366. The company's 50-day moving average price is $19.84 and its two-hundred day moving average price is $21.48. The Korea Fund, Inc. has a twelve month low of $18.35 and a twelve month high of $26.30.
The Korea Fund Announces Dividend
The company also recently declared a -- dividend, which was paid on Monday, January 6th. Stockholders of record on Friday, December 27th were paid a $0.4542 dividend. The ex-dividend date of this dividend was Friday, December 27th.
About The Korea Fund
(
Free Report)
The Korea Fund, Inc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity markets of Korea. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies.
Featured Stories
Before you consider The Korea Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Korea Fund wasn't on the list.
While The Korea Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
