LPL Financial LLC Buys New Shares in The Taiwan Fund, Inc. (NYSE:TWN)

LPL Financial LLC bought a new position in The Taiwan Fund, Inc. (NYSE:TWN - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 19,077 shares of the company's stock, valued at approximately $737,000. LPL Financial LLC owned 0.22% of The Taiwan Fund as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. HighTower Advisors LLC raised its holdings in shares of The Taiwan Fund by 5.9% during the third quarter. HighTower Advisors LLC now owns 5,831 shares of the company's stock worth $255,000 after acquiring an additional 324 shares during the period. Matisse Capital raised its holdings in shares of The Taiwan Fund by 1.4% during the fourth quarter. Matisse Capital now owns 70,000 shares of the company's stock worth $2,706,000 after acquiring an additional 1,000 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in shares of The Taiwan Fund by 20.3% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 2,366 shares of the company's stock worth $91,000 after acquiring an additional 400 shares during the period. Finally, Virtu Financial LLC acquired a new stake in shares of The Taiwan Fund during the fourth quarter worth $216,000.

The Taiwan Fund Stock Up 1.6 %

The Taiwan Fund stock traded up $0.51 during mid-day trading on Monday, reaching $31.91. The company's stock had a trading volume of 7,831 shares, compared to its average volume of 21,895. The Taiwan Fund, Inc. has a 12 month low of $26.45 and a 12 month high of $47.24. The business's 50 day simple moving average is $33.45 and its 200 day simple moving average is $39.00.

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.