70,000 Shares in Taiwan Fund, Inc. (The) $TWN Purchased by Strs Ohio

Key Points

• Strs Ohio purchased 70,000 shares of Taiwan Fund, Inc. in Q1, investing approximately $2.3 million, and now holds 1.09% of the fund.
• Other investors like Cetera Investment Advisers and Janus Henderson Group also added stakes in Taiwan Fund, signaling increased institutional interest.
• The stock of Taiwan Fund, Inc. opened at $53.75 and has a twelve-month range between $26.45 and $54.50.

Strs Ohio acquired a new position in shares of Taiwan Fund, Inc. (The) (NYSE:TWN - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 70,000 shares of the company's stock, valued at approximately $2,325,000. Strs Ohio owned 1.09% of Taiwan Fund as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. CSS LLC IL increased its holdings in Taiwan Fund by 1.5% during the 4th quarter. CSS LLC IL now owns 49,394 shares of the company's stock worth $1,909,000 after purchasing an additional 732 shares during the period. Matisse Capital increased its holdings 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 purchasing an additional 5,000 shares during the period. Cetera Investment Advisers purchased a new position in Taiwan Fund during the 4th quarter worth $206,000. Thomas J. Herzfeld Advisors Inc. increased its holdings in Taiwan Fund by 7.8% during the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 74,104 shares of the company's stock worth $2,461,000 after purchasing an additional 5,387 shares during the period. Finally, Janus Henderson Group PLC purchased a new position in Taiwan Fund during the 4th quarter worth $268,000.

Taiwan Fund Trading Up 0.3%

TWN traded up $0.16 during trading on Friday, hitting $54.50. 4,842 shares of the stock were exchanged, compared to its average volume of 8,493. The firm has a 50 day simple moving average of $48.79 and a 200 day simple moving average of $40.80. Taiwan Fund, Inc. has a 1 year low of $26.45 and a 1 year high of $54.95.

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.