Walleye Capital LLC bought a new position in shares of Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 34,279 shares of the investment management company's stock, valued at approximately $505,000.
A number of other institutional investors have also made changes to their positions in the stock. Golden State Wealth Management LLC purchased a new position in Abrdn Asia-Pacific Income Fund in the fourth quarter worth approximately $37,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Abrdn Asia-Pacific Income Fund in the third quarter valued at approximately $55,000. Calamos Advisors LLC acquired a new stake in Abrdn Asia-Pacific Income Fund during the 4th quarter worth approximately $162,000. Apollon Wealth Management LLC acquired a new position in shares of Abrdn Asia-Pacific Income Fund during the fourth quarter worth about $170,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of Abrdn Asia-Pacific Income Fund in the 4th quarter valued at approximately $175,000. 33.55% of the stock is currently owned by institutional investors and hedge funds.
Abrdn Asia-Pacific Income Fund Price Performance
Shares of NYSEAMERICAN:FAX traded up $0.13 during trading on Tuesday, hitting $15.38. 37,245 shares of the stock were exchanged, compared to its average volume of 149,374. Abrdn Asia-Pacific Income Fund Inc has a 12-month low of $13.99 and a 12-month high of $17.55. The company has a fifty day moving average price of $15.45 and a two-hundred day moving average price of $15.12.
Abrdn Asia-Pacific Income Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be issued a $0.165 dividend. This represents a $1.98 annualized dividend and a dividend yield of 12.88%. The ex-dividend date is Wednesday, April 23rd.
Abrdn Asia-Pacific Income Fund Company Profile
(
Free Report)
Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.
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