Abrdn Healthcare Opportunities Fund (NYSE:THQ – Get Free Report) announced a monthly dividend on Monday, May 11th. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.18 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date is Thursday, May 21st.
Abrdn Healthcare Opportunities Fund Trading Down 0.6%
Shares of NYSE THQ opened at $18.31 on Tuesday. The firm’s 50-day simple moving average is $17.91 and its 200 day simple moving average is $18.54. Abrdn Healthcare Opportunities Fund has a 12-month low of $15.14 and a 12-month high of $20.39.
Institutional Trading of Abrdn Healthcare Opportunities Fund
A number of hedge funds and other institutional investors have recently modified their holdings of THQ. Heron Bay Capital Management boosted its position in Abrdn Healthcare Opportunities Fund by 20.6% in the 4th quarter. Heron Bay Capital Management now owns 592,723 shares of the company’s stock valued at $11,339,000 after buying an additional 101,439 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new position in shares of Abrdn Healthcare Opportunities Fund during the third quarter valued at $1,479,000. Evolve Private Wealth LLC bought a new position in Abrdn Healthcare Opportunities Fund in the fourth quarter valued at about $1,436,000. Wolverine Asset Management LLC bought a new position in Abrdn Healthcare Opportunities Fund in the third quarter valued at about $1,197,000. Finally, Susquehanna International Group LLP acquired a new stake in Abrdn Healthcare Opportunities Fund in the third quarter worth about $1,157,000.
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.
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