Quantedge Capital Pte Ltd Raises Holdings in The Taiwan Fund, Inc. (NYSE:TWN)

Quantedge Capital Pte Ltd increased its stake in The Taiwan Fund, Inc. (NYSE:TWN - Free Report) by 41.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,081 shares of the company's stock after purchasing an additional 7,395 shares during the quarter. Quantedge Capital Pte Ltd owned approximately 0.29% of The Taiwan Fund worth $969,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TWN. Nomura Asset Management Co. Ltd. purchased a new stake in The Taiwan Fund during the 4th quarter valued at approximately $1,269,000. LPL Financial LLC purchased a new position in shares of The Taiwan Fund during the 4th quarter worth about $737,000. Virtu Financial LLC purchased a new position in shares of The Taiwan Fund during the fourth quarter valued at approximately $216,000. Blue Bell Private Wealth Management LLC increased its stake in The Taiwan Fund by 20.3% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 2,366 shares of the company's stock worth $91,000 after purchasing an additional 400 shares during the period. Finally, Shaker Financial Services LLC boosted its position in The Taiwan Fund by 14.3% in the 4th quarter. Shaker Financial Services LLC now owns 35,411 shares of the company's stock valued at $1,369,000 after buying an additional 4,430 shares during the period.

The Taiwan Fund Stock Down 1.2%

NYSE:TWN traded down $0.44 during midday trading on Tuesday, hitting $36.26. The stock had a trading volume of 24,636 shares, compared to its average volume of 24,148. The Taiwan Fund, Inc. has a one year low of $26.45 and a one year high of $47.24. The stock has a 50-day moving average of $32.87 and a 200 day moving average of $37.97.

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.