AQR Arbitrage LLC lowered its stake in shares of Abrdn Healthcare Investors (NYSE:HQH - Free Report) by 62.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,121 shares of the financial services provider's stock after selling 165,408 shares during the quarter. AQR Arbitrage LLC owned about 0.20% of Abrdn Healthcare Investors worth $1,623,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in HQH. Millstone Evans Group LLC purchased a new stake in shares of Abrdn Healthcare Investors in the 4th quarter valued at $29,000. FNY Investment Advisers LLC purchased a new stake in shares of Abrdn Healthcare Investors in the 4th quarter valued at approximately $48,000. Brown Brothers Harriman & Co. purchased a new stake in Abrdn Healthcare Investors in the 4th quarter valued at $48,000. Wealthfront Advisers LLC acquired a new stake in Abrdn Healthcare Investors during the 4th quarter worth approximately $118,000. Finally, Comerica Bank increased its stake in shares of Abrdn Healthcare Investors by 17.3% during the fourth quarter. Comerica Bank now owns 7,504 shares of the financial services provider's stock worth $120,000 after acquiring an additional 1,105 shares during the period. 32.60% of the stock is currently owned by institutional investors and hedge funds.
Abrdn Healthcare Investors Trading Down 0.2 %
HQH traded down $0.03 on Wednesday, hitting $15.41. 103,051 shares of the company were exchanged, compared to its average volume of 185,738. The business's fifty day moving average is $15.96 and its 200 day moving average is $16.94. Abrdn Healthcare Investors has a fifty-two week low of $13.77 and a fifty-two week high of $19.79.
Abrdn Healthcare Investors Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 21st were given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 14.80%. The ex-dividend date of this dividend was Friday, February 21st.
Abrdn Healthcare Investors Company Profile
(
Free Report)
Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.
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