Steward Partners Investment Advisory LLC Has $359,000 Stock Holdings in Abrdn Healthcare Investors (NYSE:HQH)

Steward Partners Investment Advisory LLC grew its holdings in Abrdn Healthcare Investors (NYSE:HQH) by 20.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,358 shares of the financial services provider’s stock after buying an additional 3,737 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Abrdn Healthcare Investors were worth $359,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Penserra Capital Management LLC bought a new stake in shares of Abrdn Healthcare Investors in the 3rd quarter worth about $16,145,000. Needham Investment Management LLC grew its holdings in shares of Abrdn Healthcare Investors by 3.1% in the 3rd quarter. Needham Investment Management LLC now owns 255,078 shares of the financial services provider’s stock worth $4,750,000 after purchasing an additional 7,729 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Abrdn Healthcare Investors by 36.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 177,820 shares of the financial services provider’s stock worth $3,311,000 after purchasing an additional 47,518 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Abrdn Healthcare Investors by 94.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 174,268 shares of the financial services provider’s stock worth $2,797,000 after purchasing an additional 84,731 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new stake in shares of Abrdn Healthcare Investors in the 4th quarter worth about $2,196,000. Institutional investors and hedge funds own 32.60% of the company’s stock.

Abrdn Healthcare Investors Stock Down 0.5 %

HQH opened at $16.54 on Friday. The firm’s 50-day simple moving average is $17.34 and its 200-day simple moving average is $17.76. Abrdn Healthcare Investors has a twelve month low of $15.76 and a twelve month high of $19.79.

Abrdn Healthcare Investors Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 21st will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 13.78%. The ex-dividend date is Friday, February 21st.

Abrdn Healthcare Investors Profile

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.