SFI Advisors LLC raised its holdings in shares of abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX - Free Report) by 112.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,655 shares of the investment management company's stock after purchasing an additional 16,730 shares during the period. SFI Advisors LLC's holdings in abrdn Asia-Pacific Income Fund were worth $497,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Tower Research Capital LLC TRC grew its position in shares of abrdn Asia-Pacific Income Fund by 641.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,915 shares of the investment management company's stock worth $58,000 after acquiring an additional 3,387 shares during the last quarter. Golden State Wealth Management LLC grew its position in shares of abrdn Asia-Pacific Income Fund by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 5,000 shares of the investment management company's stock worth $78,000 after acquiring an additional 2,500 shares during the last quarter. Leigh Baldwin & CO. LLC bought a new position in shares of abrdn Asia-Pacific Income Fund during the first quarter worth about $160,000. Clear Creek Financial Management LLC bought a new position in shares of abrdn Asia-Pacific Income Fund during the first quarter worth about $197,000. Finally, Apollon Wealth Management LLC grew its position in shares of abrdn Asia-Pacific Income Fund by 24.0% during the first quarter. Apollon Wealth Management LLC now owns 14,295 shares of the investment management company's stock worth $224,000 after acquiring an additional 2,768 shares during the last quarter. Institutional investors own 33.55% of the company's stock.
abrdn Asia-Pacific Income Fund Stock Up 0.4%
Shares of abrdn Asia-Pacific Income Fund stock traded up $0.07 during trading on Friday, hitting $16.21. 119,726 shares of the stock were exchanged, compared to its average volume of 141,056. The stock's fifty day moving average is $16.09 and its 200 day moving average is $15.65. abrdn Asia-Pacific Income Fund, Inc. has a 12 month low of $13.99 and a 12 month high of $17.55.
abrdn Asia-Pacific Income Fund Announces Dividend
The business also recently announced a dividend, which will be paid on Friday, August 29th. Investors of record on Monday, August 25th will be given a $0.165 dividend. This represents a yield of 1,212.0%. The ex-dividend date is Friday, August 22nd.
About abrdn Asia-Pacific Income Fund
(
Free Report)
Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.
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