The Taiwan Fund, Inc. (NYSE:TWN) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its stake in The Taiwan Fund, Inc. (NYSE:TWN) by 5.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 806,488 shares of the company’s stock after selling 48,398 shares during the period. Allspring Global Investments Holdings LLC owned 10.17% of The Taiwan Fund worth $35,429,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TWN. City of London Investment Management Co. Ltd. increased its holdings in shares of The Taiwan Fund by 2.1% during the second quarter. City of London Investment Management Co. Ltd. now owns 2,738,223 shares of the company’s stock valued at $120,318,000 after purchasing an additional 55,274 shares during the period. Lazard Asset Management LLC lifted its position in The Taiwan Fund by 4.3% in the first quarter. Lazard Asset Management LLC now owns 1,244,553 shares of the company’s stock worth $49,309,000 after purchasing an additional 51,086 shares during the period. Matisse Capital boosted its stake in The Taiwan Fund by 6.2% during the 2nd quarter. Matisse Capital now owns 69,000 shares of the company’s stock valued at $3,032,000 after purchasing an additional 4,000 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of The Taiwan Fund during the 2nd quarter valued at $819,000. Finally, Rothschild Investment LLC bought a new stake in shares of The Taiwan Fund in the 2nd quarter worth $52,000.

The Taiwan Fund Stock Up 0.4 %

Shares of TWN stock opened at $45.75 on Wednesday. The stock has a 50-day simple moving average of $43.55 and a 200 day simple moving average of $41.91. The Taiwan Fund, Inc. has a fifty-two week low of $27.03 and a fifty-two week high of $46.41.

The Taiwan Fund Profile

The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.SA Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.