Abrdn Healthcare Opportunities Fund (THQ) To Go Ex-Dividend on March 24th

Abrdn Healthcare Opportunities Fund (NYSE:THQ) announced a monthly dividend on Tuesday, March 10th. Stockholders of record on Tuesday, March 24th will be given a dividend of 0.18 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date is Tuesday, March 24th.

Abrdn Healthcare Opportunities Fund Stock Performance

THQ opened at $17.22 on Friday. The stock has a fifty day moving average of $18.99 and a 200-day moving average of $18.47. Abrdn Healthcare Opportunities Fund has a 12-month low of $15.14 and a 12-month high of $21.07.

Institutional Investors Weigh In On Abrdn Healthcare Opportunities Fund

Hedge funds have recently bought and sold shares of the business. Stolper Co lifted its position in Abrdn Healthcare Opportunities Fund by 1.4% during the 4th quarter. Stolper Co now owns 37,732 shares of the company’s stock worth $722,000 after acquiring an additional 539 shares during the last quarter. StoneX Group Inc. grew its position in shares of Abrdn Healthcare Opportunities Fund by 5.3% in the fourth quarter. StoneX Group Inc. now owns 14,170 shares of the company’s stock valued at $273,000 after purchasing an additional 711 shares during the last quarter. CWM LLC grew its position in shares of Abrdn Healthcare Opportunities Fund by 1.2% in the fourth quarter. CWM LLC now owns 69,386 shares of the company’s stock valued at $1,327,000 after purchasing an additional 790 shares during the last quarter. Aviance Capital Partners LLC increased its stake in shares of Abrdn Healthcare Opportunities Fund by 1.0% in the third quarter. Aviance Capital Partners LLC now owns 81,699 shares of the company’s stock worth $1,413,000 after purchasing an additional 793 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd increased its stake in shares of Abrdn Healthcare Opportunities Fund by 3.2% in the third quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 26,059 shares of the company’s stock worth $451,000 after purchasing an additional 805 shares during the period.

About Abrdn Healthcare Opportunities Fund

Abrdn Healthcare Opportunities Fund (NYSE: THQ) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund invests primarily in equity and debt securities issued by companies across the healthcare industry, including pharmaceuticals, biotechnology, medical devices, healthcare services and health insurance. It trades on the New York Stock Exchange under the symbol THQ.

With a sector-focused approach, the fund’s portfolio is weighted toward companies demonstrating strong growth potential, resilient cash flows and innovative product pipelines.