Lazard Asset Management LLC Reduces Stock Holdings in The Taiwan Fund, Inc. (NYSE:TWN)

Lazard Asset Management LLC cut its position in shares of The Taiwan Fund, Inc. (NYSE:TWN - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,111,842 shares of the company's stock after selling 16,738 shares during the period. Lazard Asset Management LLC owned about 13.07% of The Taiwan Fund worth $42,972,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Bell Private Wealth Management LLC raised its position in The Taiwan Fund by 20.3% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 2,366 shares of the company's stock valued at $91,000 after purchasing an additional 400 shares in the last quarter. Cetera Investment Advisers bought a new position in shares of The Taiwan Fund in the 4th quarter worth $206,000. Virtu Financial LLC bought a new position in shares of The Taiwan Fund in the 4th quarter worth $216,000. Janus Henderson Group PLC bought a new position in shares of The Taiwan Fund in the 4th quarter worth $268,000. Finally, Almitas Capital LLC raised its position in shares of The Taiwan Fund by 12.7% in 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 in the last quarter.

The Taiwan Fund Trading Up 0.5%

Shares of TWN traded up $0.17 during trading hours on Friday, hitting $36.92. The company had a trading volume of 11,233 shares, compared to its average volume of 22,126. The Taiwan Fund, Inc. has a one year low of $26.45 and a one year high of $47.24. The company's fifty day moving average price is $32.81 and its two-hundred day moving average price is $38.15.

About The 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.