Abrdn Healthcare Opportunities Fund (THQ) To Go Ex-Dividend on May 21st

Abrdn Healthcare Opportunities Fund (NYSE:THQ) declared a monthly dividend on Monday, May 11th. Investors of record on Thursday, May 21st will be given a dividend of 0.18 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date of this dividend is Thursday, May 21st.

Abrdn Healthcare Opportunities Fund Trading Up 1.0%

THQ opened at $18.49 on Wednesday. Abrdn Healthcare Opportunities Fund has a 12 month low of $15.14 and a 12 month high of $20.39. The stock has a 50-day moving average of $17.90 and a 200 day moving average of $18.55.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Royal Bank of Canada grew its stake in shares of Abrdn Healthcare Opportunities Fund by 1.2% during the fourth quarter. Royal Bank of Canada now owns 1,125,857 shares of the company’s stock valued at $21,537,000 after buying an additional 13,043 shares during the last quarter. Heron Bay Capital Management increased its stake in Abrdn Healthcare Opportunities Fund by 20.6% in the fourth quarter. Heron Bay Capital Management now owns 592,723 shares of the company’s stock worth $11,339,000 after purchasing an additional 101,439 shares during the period. LPL Financial LLC lifted its position in shares of Abrdn Healthcare Opportunities Fund by 7.0% during the fourth quarter. LPL Financial LLC now owns 332,325 shares of the company’s stock worth $6,357,000 after purchasing an additional 21,613 shares during the last quarter. UBS Group AG lifted its position in shares of Abrdn Healthcare Opportunities Fund by 4.1% during the fourth quarter. UBS Group AG now owns 295,613 shares of the company’s stock worth $5,655,000 after purchasing an additional 11,553 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Abrdn Healthcare Opportunities Fund by 5.9% during the second quarter. Ameriprise Financial Inc. now owns 219,731 shares of the company’s stock worth $4,041,000 after purchasing an additional 12,244 shares during the last quarter.

About Abrdn Healthcare Opportunities Fund

Abrdn Healthcare Opportunities Fund (NYSE: THQ) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund invests primarily in equity and debt securities issued by companies across the healthcare industry, including pharmaceuticals, biotechnology, medical devices, healthcare services and health insurance. It trades on the New York Stock Exchange under the symbol THQ.

With a sector-focused approach, the fund’s portfolio is weighted toward companies demonstrating strong growth potential, resilient cash flows and innovative product pipelines.