Fiera Capital Corp lowered its position in abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX – Free Report) by 90.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,582 shares of the investment management company’s stock after selling 137,977 shares during the period. Fiera Capital Corp’s holdings in abrdn Asia-Pacific Income Fund were worth $224,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of abrdn Asia-Pacific Income Fund in the first quarter worth $170,000. Ameriprise Financial Inc. bought a new stake in shares of abrdn Asia-Pacific Income Fund in the third quarter worth $189,000. Cullen Frost Bankers Inc. grew its holdings in shares of abrdn Asia-Pacific Income Fund by 5.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 12,866 shares of the investment management company’s stock worth $197,000 after acquiring an additional 683 shares during the period. Fisher Asset Management LLC grew its holdings in shares of abrdn Asia-Pacific Income Fund by 32.8% in the third quarter. Fisher Asset Management LLC now owns 15,616 shares of the investment management company’s stock worth $254,000 after acquiring an additional 3,859 shares during the period. Finally, Moors & Cabot Inc. grew its position in shares of abrdn Asia-Pacific Income Fund by 11.2% during the 4th quarter. Moors & Cabot Inc. now owns 17,015 shares of the investment management company’s stock valued at $261,000 after acquiring an additional 1,709 shares during the period. Institutional investors own 33.55% of the company’s stock.
abrdn Asia-Pacific Income Fund Price Performance
Shares of FAX stock opened at $14.16 on Thursday. abrdn Asia-Pacific Income Fund, Inc. has a 1 year low of $14.13 and a 1 year high of $16.90. The firm has a fifty day moving average price of $14.74 and a 200-day moving average price of $15.19.
abrdn Asia-Pacific Income Fund Dividend Announcement
abrdn Asia-Pacific Income Fund Company Profile
The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.
Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.
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