Abrdn Healthcare Opportunities Fund (NYSE:THQ) Trading Up 0.4%

Abrdn Healthcare Opportunities Fund (NYSE:THQ)’s stock price was up 0.4% during trading on Thursday . The stock traded as high as $19.86 and last traded at $19.81. Approximately 104,935 shares changed hands during trading, a decline of 33% from the average daily volume of 155,923 shares. The stock had previously closed at $19.73.

Abrdn Healthcare Opportunities Fund Trading Up 0.4 %

The firm’s 50-day moving average price is $19.65 and its 200 day moving average price is $18.40.

Abrdn Healthcare Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd were issued a dividend of $0.18 per share. This represents a $2.16 dividend on an annualized basis and a yield of 10.87%. The ex-dividend date was Monday, April 22nd.

Institutional Investors Weigh In On Abrdn Healthcare Opportunities Fund

A number of institutional investors and hedge funds have recently bought and sold shares of THQ. Cornerstone Advisors LLC grew its stake in shares of Abrdn Healthcare Opportunities Fund by 120.3% in the 4th quarter. Cornerstone Advisors LLC now owns 889,767 shares of the company’s stock worth $16,114,000 after acquiring an additional 485,798 shares in the last quarter. International Assets Investment Management LLC increased its stake in Abrdn Healthcare Opportunities Fund by 731.3% in the 4th quarter. International Assets Investment Management LLC now owns 292,730 shares of the company’s stock valued at $5,301,000 after buying an additional 257,516 shares during the last quarter. Heron Bay Capital Management lifted its position in shares of Abrdn Healthcare Opportunities Fund by 35.0% during the 4th quarter. Heron Bay Capital Management now owns 508,047 shares of the company’s stock worth $9,201,000 after buying an additional 131,836 shares in the last quarter. AQR Arbitrage LLC boosted its stake in shares of Abrdn Healthcare Opportunities Fund by 113.9% in the 3rd quarter. AQR Arbitrage LLC now owns 233,216 shares of the company’s stock worth $3,960,000 after buying an additional 124,200 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new position in shares of Abrdn Healthcare Opportunities Fund in the third quarter valued at approximately $1,803,000.

Abrdn Healthcare Opportunities Fund Company Profile

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.