Evolve Private Wealth LLC Takes Position in Taiwan Fund, Inc. (The) $TWN

Evolve Private Wealth LLC acquired a new position in shares of Taiwan Fund, Inc. (The) (NYSE:TWN) during the second quarter, Holdings Channel reports. The fund acquired 15,942 shares of the company’s stock, valued at approximately $1,533,000.

Several other large investors also recently made changes to their positions in the company. Osaic Holdings Inc. increased its position in Taiwan Fund by 40.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock valued at $48,000 after buying an additional 309 shares in the last quarter. Quantedge Capital Pte Ltd boosted its holdings in Taiwan Fund by 7.4% in the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after acquiring an additional 1,000 shares in the last quarter. Karpus Management Inc. boosted its holdings in Taiwan Fund by 86.4% in the second quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock worth $4,084,000 after acquiring an additional 42,256 shares in the last quarter. Finally, Lazard Asset Management LLC grew its stake in Taiwan Fund by 3.8% in the fourth quarter. Lazard Asset Management LLC now owns 1,123,030 shares of the company’s stock valued at $59,947,000 after acquiring an additional 41,221 shares during the period.

Taiwan Fund Stock Performance

NYSE TWN opened at $97.86 on Friday. Taiwan Fund, Inc. has a 52 week low of $47.95 and a 52 week high of $105.09. The business has a 50 day moving average price of $92.41 and a 200-day moving average price of $82.03.

Taiwan Fund Company Profile

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.