Shaker Financial Services LLC Has $1.44 Million Stock Position in Taiwan Fund, Inc. (The) (NYSE:TWN)

Key Points

• Shaker Financial Services LLC increased its stake in Taiwan Fund, Inc. (NYSE:TWN) by 22.2%, acquiring an additional 7,861 shares to own a total of 43,272 shares worth approximately $1.4 million.
• Other institutional investors like Banque Cantonale Vaudoise and Matisse Capital have recently adjusted their holdings in the Taiwan Fund, reflecting growing interest from the investment community.
• Taiwan Fund's shares are trading at $46.19, with a 12-month high of $47.24 and a low of $26.45, indicating significant price fluctuations within the year.

Shaker Financial Services LLC raised its holdings in Taiwan Fund, Inc. (The) (NYSE:TWN - Free Report) by 22.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,272 shares of the company's stock after buying an additional 7,861 shares during the quarter. Shaker Financial Services LLC owned 0.68% of Taiwan Fund worth $1,437,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Cetera Investment Advisers bought a new stake in Taiwan Fund during the 4th quarter worth about $206,000. Janus Henderson Group PLC bought a new stake in Taiwan Fund during the 4th quarter worth about $268,000. Almitas Capital LLC grew its holdings in Taiwan Fund by 12.7% during the 4th quarter. Almitas Capital LLC now owns 8,547 shares of the company's stock worth $330,000 after acquiring an additional 962 shares during the last quarter. LPL Financial LLC bought a new stake in Taiwan Fund during the 4th quarter worth about $737,000. Finally, Banque Cantonale Vaudoise bought a new stake in Taiwan Fund during the 1st quarter worth about $830,000.

Taiwan Fund Stock Up 0.6%

Shares of NYSE TWN traded up $0.27 during mid-day trading on Friday, hitting $47.57. The company's stock had a trading volume of 4,748 shares, compared to its average volume of 10,533. Taiwan Fund, Inc. has a one year low of $26.45 and a one year high of $47.63. The company's fifty day simple moving average is $44.00 and its 200-day simple moving average is $38.17.

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.