Abrdn Healthcare Investors (NYSE:HQH) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its holdings in Abrdn Healthcare Investors (NYSE:HQH) by 8.9% during the second quarter, HoldingsChannel.com reports. The firm owned 161,400 shares of the financial services provider’s stock after selling 15,808 shares during the period. Cetera Investment Advisers’ holdings in Abrdn Healthcare Investors were worth $2,818,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Private Advisor Group LLC raised its position in shares of Abrdn Healthcare Investors by 3.1% during the 2nd quarter. Private Advisor Group LLC now owns 37,448 shares of the financial services provider’s stock valued at $654,000 after acquiring an additional 1,140 shares in the last quarter. Truist Financial Corp raised its position in shares of Abrdn Healthcare Investors by 11.9% during the 2nd quarter. Truist Financial Corp now owns 12,730 shares of the financial services provider’s stock valued at $222,000 after acquiring an additional 1,355 shares in the last quarter. Raymond James & Associates raised its position in shares of Abrdn Healthcare Investors by 0.9% during the 2nd quarter. Raymond James & Associates now owns 197,587 shares of the financial services provider’s stock valued at $3,450,000 after acquiring an additional 1,847 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Abrdn Healthcare Investors by 3.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 82,674 shares of the financial services provider’s stock valued at $1,394,000 after acquiring an additional 3,015 shares in the last quarter. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of Abrdn Healthcare Investors during the 1st quarter valued at approximately $51,000. 32.60% of the stock is owned by institutional investors and hedge funds.

Abrdn Healthcare Investors Price Performance

HQH stock opened at $18.38 on Friday. Abrdn Healthcare Investors has a 12-month low of $14.31 and a 12-month high of $19.79. The stock’s 50 day simple moving average is $18.77 and its 200 day simple moving average is $17.68.

Abrdn Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 23rd were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $2.36 dividend on an annualized basis and a yield of 12.84%.

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.