Walter C. Dostmann Acquires 775 Shares of New Germany Fund Inc. (GF) Stock
New Germany Fund Inc. (NYSE:GF) Director Walter C. Dostmann bought 775 shares of the firm’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were purchased at an average cost of $13.01 per share, with a total value of $10,082.75. Following the purchase, the director now directly owns 775 shares of the company’s stock, valued at $10,082.75. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
New Germany Fund Inc. (NYSE:GF) opened at 13.00 on Wednesday. The company’s 50-day moving average price is $13.46 and its 200 day moving average price is $13.72. New Germany Fund Inc. has a 52 week low of $12.02 and a 52 week high of $15.40.
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About New Germany Fund
The New Germany Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek long-term capital appreciation primarily through investment in middle-market German equities. The Fund primarily focuses its investments in Germany. The Fund invests in range of sectors, including consumer staples, materials, healthcare, financials, information technology, consumer discretionary, industrials and telecommunication services.
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