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 bought a new stake in shares of Taiwan Fund, Inc. (The) (NYSE:TWN - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 25,000 shares of the company's stock, valued at approximately $830,000. Banque Cantonale Vaudoise owned approximately 0.39% of Taiwan Fund at the end of the most recent quarter.

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

Taiwan Fund Trading Up 0.8%

Shares of NYSE:TWN traded up $0.39 during trading on Friday, hitting $46.17. The company's stock had a trading volume of 8,445 shares, compared to its average volume of 10,551. Taiwan Fund, Inc. has a fifty-two week low of $26.45 and a fifty-two week high of $47.24. The stock's 50-day moving average price is $43.06 and its two-hundred day moving average price is $37.87.

About Taiwan Fund

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.