Banque Cantonale Vaudoise Takes $830,000 Position in Taiwan Fund, Inc. (The) (NYSE:TWN)

Key Points

• Banque Cantonale Vaudoise has acquired 25,000 shares of Taiwan Fund, Inc. valued at approximately $830,000, representing 0.39% ownership as of the latest SEC filing.
• Other hedge funds have also increased their holdings in Taiwan Fund, with Matisse Capital raising its stake by 7.1% and Quantedge Capital increasing its stake by 41.8% during previous quarters.
• The stock of Taiwan Fund is currently trading at $45.81, with a 52-week high of $47.24 and a low of $26.45.

Banque Cantonale Vaudoise acquired a new stake in shares of Taiwan Fund, Inc. (The) (NYSE:TWN - Free Report) during the first quarter, according to its most recent filing with the SEC. The fund acquired 25,000 shares of the company's stock, valued at approximately $830,000. Banque Cantonale Vaudoise owned 0.39% of Taiwan Fund as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Matisse Capital grew its position in Taiwan Fund by 7.1% during the 1st quarter. Matisse Capital now owns 75,000 shares of the company's stock worth $2,491,000 after acquiring an additional 5,000 shares during the last quarter. CSS LLC IL raised its position in shares of Taiwan Fund by 1.5% in the 4th quarter. CSS LLC IL now owns 49,394 shares of the company's stock worth $1,909,000 after acquiring an additional 732 shares in the last quarter. Shaker Financial Services LLC raised its position in shares of Taiwan Fund by 14.3% in the 4th quarter. Shaker Financial Services LLC now owns 35,411 shares of the company's stock worth $1,369,000 after acquiring an additional 4,430 shares in the last quarter. Nomura Asset Management Co. Ltd. bought a new position in Taiwan Fund during the 4th quarter valued at approximately $1,269,000. Finally, Quantedge Capital Pte Ltd increased its position in Taiwan Fund by 41.8% during the 4th quarter. Quantedge Capital Pte Ltd now owns 25,081 shares of the company's stock valued at $969,000 after buying an additional 7,395 shares in the last quarter.

Taiwan Fund Stock Up 0.2%

Shares of Taiwan Fund stock traded up $0.09 on Monday, reaching $46.21. The company's stock had a trading volume of 3,495 shares, compared to its average volume of 20,600. The firm's fifty day simple moving average is $43.06 and its two-hundred day simple moving average is $37.87. Taiwan Fund, Inc. has a 52 week low of $26.45 and a 52 week high of $47.24.

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.