Abrdn Healthcare Opportunities Fund (NYSE:THQ) Plans Monthly Dividend of $0.18

Abrdn Healthcare Opportunities Fund (NYSE:THQ) declared a monthly dividend on Tuesday, November 11th. Investors of record on Friday, November 21st will be given a dividend of 0.18 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date is Friday, November 21st.

Abrdn Healthcare Opportunities Fund Trading Up 1.4%

THQ stock traded up $0.26 during midday trading on Wednesday, reaching $18.25. 106,904 shares of the company’s stock traded hands, compared to its average volume of 193,061. Abrdn Healthcare Opportunities Fund has a 52 week low of $15.14 and a 52 week high of $21.38. The company has a 50-day moving average price of $17.61 and a two-hundred day moving average price of $17.68.

Institutional Investors Weigh In On Abrdn Healthcare Opportunities Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Wolverine Asset Management LLC bought a new position in shares of Abrdn Healthcare Opportunities Fund during the third quarter valued at about $1,197,000. Readystate Asset Management LP purchased a new stake in Abrdn Healthcare Opportunities Fund during the 3rd quarter valued at about $979,000. Wedbush Securities Inc. grew its position in Abrdn Healthcare Opportunities Fund by 54.5% during the 3rd quarter. Wedbush Securities Inc. now owns 136,585 shares of the company’s stock worth $2,362,000 after acquiring an additional 48,173 shares during the last quarter. Westbourne Investment Advisors Inc. purchased a new position in Abrdn Healthcare Opportunities Fund in the 2nd quarter worth approximately $835,000. Finally, Stolper Co purchased a new position in Abrdn Healthcare Opportunities Fund in the 3rd quarter worth approximately $643,000.

About Abrdn Healthcare Opportunities Fund

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.