Taiwan Fund (NYSE:TWN) Director Shelley Rigger Sells 134 Shares

Taiwan Fund, Inc. (The) (NYSE:TWN) Director Shelley Rigger sold 134 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $88.82, for a total value of $11,901.88. Following the sale, the director owned 166 shares in the company, valued at approximately $14,744.12. This trade represents a 44.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Taiwan Fund Stock Performance

Shares of NYSE TWN opened at $94.46 on Wednesday. The stock’s 50-day moving average is $86.62 and its two-hundred day moving average is $68.55. Taiwan Fund, Inc. has a 1-year low of $40.33 and a 1-year high of $103.45.

Institutional Investors Weigh In On Taiwan Fund

Several large investors have recently bought and sold shares of TWN. Osaic Holdings Inc. increased its holdings in Taiwan Fund by 40.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after purchasing an additional 309 shares during the period. Evolve Private Wealth LLC purchased a new stake in Taiwan Fund during the 4th quarter worth about $915,000. Quantedge Capital Pte Ltd increased its holdings in Taiwan Fund by 7.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after purchasing an additional 1,000 shares during the period. Rock Creek Group LP increased its holdings in shares of Taiwan Fund by 1,061.6% in the 3rd quarter. Rock Creek Group LP now owns 66,210 shares of the company’s stock valued at $3,585,000 after acquiring an additional 60,510 shares during the last quarter. Finally, Karpus Management Inc. increased its holdings in shares of Taiwan Fund by 86.4% in the 2nd quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock valued at $4,084,000 after acquiring an additional 42,256 shares during the last quarter.

Taiwan Fund Company Profile

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.