Abrdn Healthcare Opportunities Fund (THQ) to Issue Monthly Dividend of $0.18 on November 28th

Abrdn Healthcare Opportunities Fund (NYSE:THQ) declared a monthly dividend on Tuesday, November 11th. Stockholders of record on Friday, November 21st will be paid a dividend of 0.18 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 11.8%. The ex-dividend date of this dividend is Friday, November 21st.

Abrdn Healthcare Opportunities Fund Price Performance

Shares of NYSE:THQ opened at $18.29 on Thursday. Abrdn Healthcare Opportunities Fund has a 12-month low of $15.14 and a 12-month high of $21.38. The business has a 50-day moving average price of $17.64 and a 200 day moving average price of $17.68.

Institutional Investors Weigh In On Abrdn Healthcare Opportunities Fund

Several institutional investors and hedge funds have recently modified their holdings of THQ. Northwestern Mutual Wealth Management Co. boosted its position in Abrdn Healthcare Opportunities Fund by 273.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock valued at $38,000 after buying an additional 1,365 shares during the period. Samalin Investment Counsel LLC increased its position in shares of Abrdn Healthcare Opportunities Fund by 7.1% during the first quarter. Samalin Investment Counsel LLC now owns 44,963 shares of the company’s stock worth $928,000 after acquiring an additional 2,983 shares during the period. WealthTrust Axiom LLC raised its stake in shares of Abrdn Healthcare Opportunities Fund by 14.3% in the first quarter. WealthTrust Axiom LLC now owns 12,000 shares of the company’s stock valued at $248,000 after acquiring an additional 1,500 shares in the last quarter. Summit Financial LLC boosted its holdings in Abrdn Healthcare Opportunities Fund by 10.7% in the first quarter. Summit Financial LLC now owns 17,198 shares of the company’s stock valued at $355,000 after purchasing an additional 1,662 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Abrdn Healthcare Opportunities Fund by 2.1% in the first quarter. Steward Partners Investment Advisory LLC now owns 253,257 shares of the company’s stock valued at $5,227,000 after purchasing an additional 5,124 shares during the period.

Abrdn Healthcare Opportunities Fund Company Profile

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.