International Assets Investment Management LLC Purchases 34,332 Shares of Abrdn Healthcare Investors (NYSE:HQH)

International Assets Investment Management LLC increased its position in shares of Abrdn Healthcare Investors (NYSE:HQH) by 1,108.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,428 shares of the financial services provider’s stock after buying an additional 34,332 shares during the period. International Assets Investment Management LLC owned 0.08% of Abrdn Healthcare Investors worth $620,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Milestone Asset Management LLC acquired a new stake in Abrdn Healthcare Investors in the fourth quarter worth $212,000. WNY Asset Management LLC acquired a new stake in Abrdn Healthcare Investors in the third quarter worth $213,000. Atomi Financial Group Inc. grew its holdings in Abrdn Healthcare Investors by 11.0% in the third quarter. Atomi Financial Group Inc. now owns 20,094 shares of the financial services provider’s stock worth $312,000 after purchasing an additional 1,992 shares during the period. All Season Financial Advisors Inc. grew its holdings in Abrdn Healthcare Investors by 5.2% in the third quarter. All Season Financial Advisors Inc. now owns 20,100 shares of the financial services provider’s stock worth $313,000 after purchasing an additional 1,001 shares during the period. Finally, City of London Investment Management Co. Ltd. grew its holdings in Abrdn Healthcare Investors by 13.5% in the third quarter. City of London Investment Management Co. Ltd. now owns 22,140 shares of the financial services provider’s stock worth $344,000 after purchasing an additional 2,640 shares during the period. 32.60% of the stock is currently owned by institutional investors and hedge funds.

Abrdn Healthcare Investors Stock Performance

NYSE:HQH opened at $16.13 on Thursday. The firm has a fifty day simple moving average of $16.66 and a two-hundred day simple moving average of $16.24. Abrdn Healthcare Investors has a 12 month low of $14.31 and a 12 month 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 issued 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 was Wednesday, February 21st.

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.