HighTower Advisors LLC Has $255,000 Holdings in The Taiwan Fund, Inc. (NYSE:TWN)

HighTower Advisors LLC boosted its stake in The Taiwan Fund, Inc. (NYSE:TWN) by 5.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,831 shares of the company’s stock after buying an additional 324 shares during the quarter. HighTower Advisors LLC owned approximately 0.07% of The Taiwan Fund worth $255,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC lifted its stake in shares of The Taiwan Fund by 2.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 854,886 shares of the company’s stock valued at $37,564,000 after acquiring an additional 17,096 shares during the period. Matisse Capital grew its position in shares of The Taiwan Fund by 6.2% during the 2nd quarter. Matisse Capital now owns 69,000 shares of the company’s stock worth $3,032,000 after buying an additional 4,000 shares during the period. Rothschild Investment LLC acquired a new stake in shares of The Taiwan Fund during the 2nd quarter worth approximately $52,000. City of London Investment Management Co. Ltd. raised its stake in shares of The Taiwan Fund by 2.1% during the second quarter. City of London Investment Management Co. Ltd. now owns 2,738,223 shares of the company’s stock worth $120,318,000 after buying an additional 55,274 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in The Taiwan Fund in the second quarter valued at approximately $819,000.

The Taiwan Fund Trading Down 0.3 %

NYSE TWN opened at $46.77 on Wednesday. The Taiwan Fund, Inc. has a 12 month low of $33.22 and a 12 month high of $47.24. The stock has a 50-day simple moving average of $44.51 and a 200 day simple moving average of $43.51.

The Taiwan Fund Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be paid a $7.3984 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a yield of 16.17%. This is a positive change from The Taiwan Fund’s previous annual dividend of $0.44.

About The Taiwan Fund

The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.SA Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.