Capital Investment Advisory Services LLC Has $269,000 Holdings in Abrdn Healthcare Investors (NYSE:HQH)

Capital Investment Advisory Services LLC raised its holdings in shares of Abrdn Healthcare Investors (NYSE:HQH) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,238 shares of the financial services provider’s stock after buying an additional 1,000 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Abrdn Healthcare Investors were worth $269,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of HQH. AQR Arbitrage LLC raised its stake in shares of Abrdn Healthcare Investors by 125.7% in the third quarter. AQR Arbitrage LLC now owns 319,150 shares of the financial services provider’s stock valued at $4,963,000 after purchasing an additional 177,748 shares in the last quarter. Saba Capital Management L.P. grew its position in Abrdn Healthcare Investors by 131.3% in the third quarter. Saba Capital Management L.P. now owns 296,637 shares of the financial services provider’s stock valued at $4,613,000 after acquiring an additional 168,402 shares during the period. Cornerstone Advisors LLC grew its position in Abrdn Healthcare Investors by 54.1% in the third quarter. Cornerstone Advisors LLC now owns 439,379 shares of the financial services provider’s stock valued at $6,832,000 after acquiring an additional 154,220 shares during the period. RPO LLC grew its position in Abrdn Healthcare Investors by 47.3% in the third quarter. RPO LLC now owns 376,791 shares of the financial services provider’s stock valued at $5,859,000 after acquiring an additional 121,018 shares during the period. Finally, Clough Capital Partners L P bought a new stake in Abrdn Healthcare Investors in the third quarter valued at $1,596,000. 32.60% of the stock is currently owned by institutional investors and hedge funds.

Abrdn Healthcare Investors Stock Performance

Shares of NYSE:HQH opened at $16.13 on Thursday. The business’s fifty day moving average price is $16.66 and its two-hundred day moving average price is $16.24. Abrdn Healthcare Investors has a fifty-two week low of $14.31 and a fifty-two week high of $17.73.

Abrdn Healthcare Investors Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, February 22nd were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 11.90%. This is a boost from Abrdn Healthcare Investors’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Wednesday, February 21st.

Abrdn Healthcare Investors 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.