abrdn Healthcare Investors $HQH Shares Sold by Uhlmann Price Securities LLC

Uhlmann Price Securities LLC cut its holdings in shares of abrdn Healthcare Investors (NYSE:HQH) by 5.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,272 shares of the financial services provider’s stock after selling 1,461 shares during the period. Uhlmann Price Securities LLC’s holdings in abrdn Healthcare Investors were worth $360,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Janney Montgomery Scott LLC increased its position in shares of abrdn Healthcare Investors by 0.5% during the second quarter. Janney Montgomery Scott LLC now owns 156,361 shares of the financial services provider’s stock worth $2,422,000 after purchasing an additional 768 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of abrdn Healthcare Investors by 7.2% during the first quarter. Goldman Sachs Group Inc. now owns 11,732 shares of the financial services provider’s stock valued at $191,000 after buying an additional 788 shares during the last quarter. RFG Advisory LLC grew its holdings in shares of abrdn Healthcare Investors by 8.8% during the second quarter. RFG Advisory LLC now owns 14,276 shares of the financial services provider’s stock valued at $221,000 after buying an additional 1,149 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of abrdn Healthcare Investors by 3.0% during the first quarter. NewEdge Advisors LLC now owns 43,233 shares of the financial services provider’s stock valued at $702,000 after buying an additional 1,274 shares during the last quarter. Finally, WESPAC Advisors LLC grew its holdings in shares of abrdn Healthcare Investors by 6.1% during the second quarter. WESPAC Advisors LLC now owns 26,097 shares of the financial services provider’s stock valued at $404,000 after buying an additional 1,506 shares during the last quarter. 32.60% of the stock is owned by institutional investors and hedge funds.

abrdn Healthcare Investors Price Performance

Shares of HQH opened at $19.00 on Monday. abrdn Healthcare Investors has a 1-year low of $13.77 and a 1-year high of $19.45. The company’s fifty day moving average price is $17.24 and its 200-day moving average price is $16.14.

abrdn Healthcare Investors Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 22nd were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, August 22nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 10.7%.

About abrdn Healthcare Investors

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.