Walleye Capital LLC purchased a new position in shares of Abrdn Healthcare Investors (NYSE:HQH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 29,749 shares of the financial services provider's stock, valued at approximately $477,000. Walleye Capital LLC owned about 0.06% of Abrdn Healthcare Investors at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the company. Millstone Evans Group LLC bought a new stake in shares of Abrdn Healthcare Investors during the 4th quarter valued at $29,000. FNY Investment Advisers LLC bought a new stake in Abrdn Healthcare Investors during the fourth quarter worth about $48,000. Brown Brothers Harriman & Co. acquired a new stake in Abrdn Healthcare Investors during the fourth quarter worth about $48,000. Wealthfront Advisers LLC bought a new position in Abrdn Healthcare Investors in the 4th quarter valued at about $118,000. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of Abrdn Healthcare Investors in the 4th quarter valued at approximately $187,000. 32.60% of the stock is currently owned by institutional investors.
Abrdn Healthcare Investors Trading Up 0.1 %
Shares of HQH traded up $0.02 during mid-day trading on Tuesday, reaching $16.06. The company had a trading volume of 38,173 shares, compared to its average volume of 184,154. The company's 50 day simple moving average is $16.13 and its 200 day simple moving average is $17.04. Abrdn Healthcare Investors has a 1-year low of $13.77 and a 1-year high of $19.79.
Abrdn Healthcare Investors Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 21st were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 14.20%. The ex-dividend date of this dividend was Friday, February 21st.
Abrdn Healthcare Investors Company Profile
(
Free Report)
Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.
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