Abrdn Healthcare Investors (NYSE:HQH) Shares Purchased by Truist Financial Corp

Truist Financial Corp grew its holdings in shares of Abrdn Healthcare Investors (NYSE:HQH) by 11.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,730 shares of the financial services provider’s stock after purchasing an additional 1,355 shares during the quarter. Truist Financial Corp’s holdings in Abrdn Healthcare Investors were worth $222,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of HQH. Northwest Investment Counselors LLC acquired a new position in Abrdn Healthcare Investors during the first quarter worth about $51,000. EverSource Wealth Advisors LLC acquired a new position in shares of Abrdn Healthcare Investors during the 2nd quarter worth approximately $93,000. Rothschild Investment LLC acquired a new position in shares of Abrdn Healthcare Investors during the 2nd quarter worth approximately $101,000. Atomi Financial Group Inc. grew its position in shares of Abrdn Healthcare Investors by 27.8% in the second quarter. Atomi Financial Group Inc. now owns 23,457 shares of the financial services provider’s stock valued at $410,000 after purchasing an additional 5,098 shares in the last quarter. Finally, WNY Asset Management LLC increased its holdings in shares of Abrdn Healthcare Investors by 86.7% in the first quarter. WNY Asset Management LLC now owns 26,294 shares of the financial services provider’s stock valued at $443,000 after purchasing an additional 12,214 shares during the last quarter. Hedge funds and other institutional investors own 32.60% of the company’s stock.

Abrdn Healthcare Investors Trading Down 0.2 %

Shares of Abrdn Healthcare Investors stock opened at $18.66 on Friday. The business’s 50 day moving average price is $18.79 and its 200 day moving average price is $17.77. Abrdn Healthcare Investors has a one year low of $14.31 and a one year high of $19.79.

Abrdn Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 23rd were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $2.36 annualized dividend and a dividend yield of 12.65%.

Abrdn Healthcare Investors Company 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.