International Assets Investment Management LLC Purchases Shares of 36,619 Abrdn Healthcare Investors (NYSE:HQH)

International Assets Investment Management LLC purchased a new stake in Abrdn Healthcare Investors (NYSE:HQH) during the third quarter, Holdings Channel reports. The firm purchased 36,619 shares of the financial services provider’s stock, valued at approximately $682,000.

Other large investors also recently made changes to their positions in the company. Cetera Investment Advisers grew its holdings in shares of Abrdn Healthcare Investors by 46.8% during the first quarter. Cetera Investment Advisers now owns 177,208 shares of the financial services provider’s stock worth $2,988,000 after purchasing an additional 56,521 shares during the last quarter. City of London Investment Management Co. Ltd. boosted its holdings in Abrdn Healthcare Investors by 155.4% in the second quarter. City of London Investment Management Co. Ltd. now owns 68,971 shares of the financial services provider’s stock valued at $1,204,000 after acquiring an additional 41,971 shares during the last quarter. NINE MASTS CAPITAL Ltd acquired a new position in Abrdn Healthcare Investors in the second quarter valued at approximately $1,350,000. Sanctuary Advisors LLC acquired a new position in Abrdn Healthcare Investors in the second quarter valued at approximately $939,000. Finally, Cetera Advisors LLC acquired a new position in Abrdn Healthcare Investors in the first quarter valued at approximately $1,974,000. Institutional investors own 32.60% of the company’s stock.

Abrdn Healthcare Investors Stock Performance

Shares of NYSE HQH opened at $18.24 on Wednesday. The company’s 50 day simple moving average is $18.57 and its 200 day simple moving average is $17.96. Abrdn Healthcare Investors has a fifty-two week low of $14.58 and a fifty-two week high of $19.79.

Abrdn Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 23rd were issued a $0.59 dividend. The ex-dividend date was Friday, August 23rd. This represents a $2.36 annualized dividend and a yield of 12.94%.

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.