Aberdeen Total Dynamic Dividend Fund (AOD) To Go Ex-Dividend on May 21st

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) declared a monthly dividend on Monday, May 11th. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.10 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date of this dividend is Thursday, May 21st.

Aberdeen Total Dynamic Dividend Fund Trading Down 1.4%

Shares of AOD stock opened at $10.43 on Wednesday. Aberdeen Total Dynamic Dividend Fund has a 1-year low of $8.38 and a 1-year high of $10.77. The firm’s 50-day simple moving average is $9.82 and its 200-day simple moving average is $9.84.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of AOD. Guggenheim Capital LLC lifted its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 30.1% during the 4th quarter. Guggenheim Capital LLC now owns 937,402 shares of the investment management company’s stock worth $9,140,000 after acquiring an additional 216,755 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 160.8% during the 4th quarter. International Assets Investment Management LLC now owns 343,356 shares of the investment management company’s stock worth $3,348,000 after acquiring an additional 211,676 shares during the period. Evolve Private Wealth LLC purchased a new position in shares of Aberdeen Total Dynamic Dividend Fund during the 4th quarter worth about $2,009,000. Cetera Investment Advisers raised its holdings in Aberdeen Total Dynamic Dividend Fund by 34.9% in the fourth quarter. Cetera Investment Advisers now owns 494,194 shares of the investment management company’s stock valued at $4,818,000 after buying an additional 127,834 shares during the period. Finally, Advisors Asset Management Inc. raised its holdings in Aberdeen Total Dynamic Dividend Fund by 28.5% in the third quarter. Advisors Asset Management Inc. now owns 552,302 shares of the investment management company’s stock valued at $5,225,000 after buying an additional 122,585 shares during the period.

About Aberdeen Total Dynamic Dividend Fund

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) is an actively managed exchange-traded fund that seeks to provide a high level of current income combined with the potential for capital appreciation. Structured as an open-end management investment company, AOD invests primarily in a diversified portfolio of dividend-paying common stocks across global markets. The fund pursues its objective by selecting companies that demonstrate the ability to sustain and grow their dividends over time.

The fund employs a dynamic weighting methodology designed to emphasize securities with favorable dividend growth prospects, dividend stability metrics and attractive valuation characteristics.