67,043 Shares in The China Fund, Inc. (NYSE:CHN) Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC purchased a new position in The China Fund, Inc. (NYSE:CHN) during the 4th quarter, Holdings Channel.com reports. The firm purchased 67,043 shares of the investment management company’s stock, valued at approximately $800,000.

Separately, Public Employees Retirement System of Ohio bought a new stake in The China Fund in the third quarter worth $5,812,000.

The China Fund Stock Up 1.2 %

NYSE CHN opened at $13.19 on Friday. The company has a fifty day moving average of $11.99 and a two-hundred day moving average of $11.66. The China Fund, Inc. has a 52 week low of $9.29 and a 52 week high of $14.74.

The China Fund Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1497 per share. This represents a yield of 0.2%. This is a positive change from The China Fund’s previous annual dividend of $0.02. The ex-dividend date of this dividend was Monday, December 30th.

The China Fund Company Profile

The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.