49,775 Shares in abrdn Healthcare Investors $HQH Purchased by World Investment Advisors

World Investment Advisors acquired a new position in shares of abrdn Healthcare Investors (NYSE:HQH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 49,775 shares of the financial services provider’s stock, valued at approximately $919,000. World Investment Advisors owned about 0.09% of abrdn Healthcare Investors at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Raymond James Financial Inc. lifted its holdings in abrdn Healthcare Investors by 9.2% in the second quarter. Raymond James Financial Inc. now owns 1,299,644 shares of the financial services provider’s stock valued at $20,131,000 after buying an additional 110,011 shares during the period. Penserra Capital Management LLC grew its holdings in abrdn Healthcare Investors by 3.0% during the 2nd quarter. Penserra Capital Management LLC now owns 1,039,237 shares of the financial services provider’s stock worth $16,097,000 after acquiring an additional 30,711 shares during the period. Royal Bank of Canada lifted its stake in shares of abrdn Healthcare Investors by 22.0% in the 1st quarter. Royal Bank of Canada now owns 529,826 shares of the financial services provider’s stock valued at $8,604,000 after purchasing an additional 95,441 shares during the period. Advisors Asset Management Inc. boosted its position in shares of abrdn Healthcare Investors by 32.9% in the 2nd quarter. Advisors Asset Management Inc. now owns 351,359 shares of the financial services provider’s stock worth $5,443,000 after purchasing an additional 86,924 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of abrdn Healthcare Investors by 7.6% during the second quarter. Ameriprise Financial Inc. now owns 347,070 shares of the financial services provider’s stock worth $5,372,000 after purchasing an additional 24,492 shares during the period. Institutional investors and hedge funds own 32.60% of the company’s stock.

abrdn Healthcare Investors Price Performance

NYSE:HQH opened at $19.24 on Monday. abrdn Healthcare Investors has a 1-year low of $13.77 and a 1-year high of $19.69. The business’s 50-day moving average price is $18.94 and its two-hundred day moving average price is $17.39.

abrdn Healthcare Investors Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, November 21st will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, November 21st. This is a boost from abrdn Healthcare Investors’s previous quarterly dividend of $0.51. This represents a $2.28 annualized dividend and a yield of 11.9%.

abrdn Healthcare Investors Profile

abrdn Healthcare Investors (NYSE:HQH) is a closed-end management investment company that seeks long-term capital appreciation and current income by investing primarily in equity securities of companies operating in the healthcare sector. The fund’s portfolio generally comprises a diversified mix of domestic and international healthcare issuers, spanning pharmaceuticals, biotechnology, medical devices, healthcare services, and related industries.

The fund employs a fundamental, research-driven approach to select investments, focusing on companies with strong balance sheets, innovative product pipelines and the potential for sustainable revenue growth.