Abrdn Healthcare Investors (NYSE:HQH) Stock Holdings Increased by HighTower Advisors LLC

HighTower Advisors LLC grew its position in shares of Abrdn Healthcare Investors (NYSE:HQH) by 13.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,071 shares of the financial services provider’s stock after buying an additional 3,562 shares during the period. HighTower Advisors LLC’s holdings in Abrdn Healthcare Investors were worth $483,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Wolverine Asset Management LLC bought a new position in Abrdn Healthcare Investors during the fourth quarter worth $2,196,000. Raymond James Financial Inc. acquired a new stake in shares of Abrdn Healthcare Investors during the fourth quarter worth $15,049,000. Steward Partners Investment Advisory LLC lifted its position in shares of Abrdn Healthcare Investors by 20.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 22,358 shares of the financial services provider’s stock worth $359,000 after buying an additional 3,737 shares during the last quarter. Absolute Investment Advisers LLC bought a new position in shares of Abrdn Healthcare Investors in the 4th quarter worth about $1,786,000. Finally, Kingswood Wealth Advisors LLC boosted its holdings in shares of Abrdn Healthcare Investors by 63.7% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 54,531 shares of the financial services provider’s stock valued at $875,000 after buying an additional 21,212 shares during the period. Institutional investors and hedge funds own 32.60% of the company’s stock.

Abrdn Healthcare Investors Trading Down 0.0 %

HQH opened at $16.49 on Monday. The company’s 50-day moving average price is $17.32 and its 200 day moving average price is $17.58. Abrdn Healthcare Investors has a fifty-two week low of $15.76 and a fifty-two week high of $19.79.

Abrdn Healthcare Investors Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 21st will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 13.83%. The ex-dividend date is Friday, February 21st.

About Abrdn Healthcare Investors

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.