Taiwan Fund, Inc. (The) $TWN Holdings Lifted by Rock Creek Group LP

Rock Creek Group LP grew its holdings in shares of Taiwan Fund, Inc. (The) (NYSE:TWN) by 1,061.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,210 shares of the company’s stock after buying an additional 60,510 shares during the period. Taiwan Fund accounts for about 0.4% of Rock Creek Group LP’s investment portfolio, making the stock its 19th biggest holding. Rock Creek Group LP owned 1.04% of Taiwan Fund worth $3,585,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Shaker Financial Services LLC increased its position in Taiwan Fund by 15.2% in the 3rd quarter. Shaker Financial Services LLC now owns 49,438 shares of the company’s stock valued at $2,676,000 after acquiring an additional 6,537 shares during the period. Quantedge Capital Pte Ltd increased its holdings in shares of Taiwan Fund by 2.1% during the second quarter. Quantedge Capital Pte Ltd now owns 37,037 shares of the company’s stock valued at $1,660,000 after purchasing an additional 765 shares during the period. Osaic Holdings Inc. raised its stake in shares of Taiwan Fund by 40.8% during the second quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock valued at $48,000 after purchasing an additional 309 shares in the last quarter. Finally, Karpus Management Inc. lifted its holdings in Taiwan Fund by 86.4% in the second quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock worth $4,084,000 after purchasing an additional 42,256 shares during the period.

Taiwan Fund Trading Down 0.2%

Shares of TWN opened at $63.86 on Friday. The firm has a 50-day moving average price of $57.88 and a 200 day moving average price of $55.41. Taiwan Fund, Inc. has a 52-week low of $26.45 and a 52-week high of $65.00.

Taiwan Fund Cuts Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 29th were paid a dividend of $6.2002 per share. This represents a dividend yield of 1,171.0%. The ex-dividend date was Monday, December 29th.

About Taiwan Fund

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.