10,785 Shares in Abrdn Healthcare Investors (NYSE:HQH) Acquired by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC acquired a new stake in Abrdn Healthcare Investors (NYSE:HQH) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,785 shares of the financial services provider’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds have also bought and sold shares of HQH. Sage Capital Advisors llc grew its stake in shares of Abrdn Healthcare Investors by 4.7% during the 3rd quarter. Sage Capital Advisors llc now owns 28,733 shares of the financial services provider’s stock worth $535,000 after acquiring an additional 1,289 shares during the period. Sanctuary Advisors LLC purchased a new stake in Abrdn Healthcare Investors during the second quarter valued at about $939,000. Truist Financial Corp boosted its position in Abrdn Healthcare Investors by 11.9% during the second quarter. Truist Financial Corp now owns 12,730 shares of the financial services provider’s stock worth $222,000 after purchasing an additional 1,355 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in shares of Abrdn Healthcare Investors by 28.0% in the second quarter. B. Riley Wealth Advisors Inc. now owns 90,160 shares of the financial services provider’s stock worth $1,576,000 after purchasing an additional 19,719 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of Abrdn Healthcare Investors in the second quarter valued at approximately $93,000. 32.60% of the stock is owned by institutional investors.

Abrdn Healthcare Investors Stock Performance

Shares of HQH stock opened at $18.66 on Friday. Abrdn Healthcare Investors has a 12 month low of $14.31 and a 12 month high of $19.79. The firm’s 50 day moving average is $18.79 and its 200 day moving average is $17.76.

Abrdn Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 23rd were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 12.65%. The ex-dividend date was Friday, August 23rd.

Abrdn Healthcare Investors Company Profile

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.