Jane Street Group LLC Sells 1,939 Shares of Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX)

Jane Street Group LLC lessened its holdings in shares of Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) by 12.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,172 shares of the investment management company’s stock after selling 1,939 shares during the quarter. Jane Street Group LLC’s holdings in Abrdn Asia-Pacific Income Fund were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FAX. Private Advisor Group LLC grew its stake in Abrdn Asia-Pacific Income Fund by 7.1% in the second quarter. Private Advisor Group LLC now owns 290,528 shares of the investment management company’s stock worth $779,000 after purchasing an additional 19,363 shares during the period. Pekin Hardy Strauss Inc. grew its stake in Abrdn Asia-Pacific Income Fund by 9.3% in the second quarter. Pekin Hardy Strauss Inc. now owns 235,571 shares of the investment management company’s stock worth $631,000 after purchasing an additional 20,000 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in Abrdn Asia-Pacific Income Fund by 4.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 423,921 shares of the investment management company’s stock worth $1,136,000 after purchasing an additional 19,005 shares during the period. AE Wealth Management LLC purchased a new stake in Abrdn Asia-Pacific Income Fund in the second quarter worth $54,000. Finally, Evergreen Capital Management LLC grew its stake in Abrdn Asia-Pacific Income Fund by 6.9% in the second quarter. Evergreen Capital Management LLC now owns 4,524,105 shares of the investment management company’s stock worth $12,125,000 after purchasing an additional 293,929 shares during the period. Institutional investors own 33.55% of the company’s stock.

Abrdn Asia-Pacific Income Fund Price Performance

NYSEAMERICAN FAX opened at $15.01 on Friday. Abrdn Asia-Pacific Income Fund Inc has a 12 month low of $14.56 and a 12 month high of $17.55.

Abrdn Asia-Pacific Income Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were paid a $0.165 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 13.19%.

Abrdn Asia-Pacific Income Fund Company Profile

Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.