Wolverine Asset Management LLC purchased a new position in shares of The Taiwan Fund, Inc. (NYSE:TWN – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,637 shares of the company’s stock, valued at approximately $179,000. Wolverine Asset Management LLC owned 0.09% of The Taiwan Fund as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Allspring Global Investments Holdings LLC grew its stake in shares of The Taiwan Fund by 4.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 736,296 shares of the company’s stock worth $19,851,000 after purchasing an additional 30,271 shares during the period. Almitas Capital LLC grew its stake in shares of The Taiwan Fund by 677.7% during the 4th quarter. Almitas Capital LLC now owns 55,824 shares of the company’s stock worth $1,289,000 after purchasing an additional 48,646 shares during the period. CSS LLC IL grew its stake in shares of The Taiwan Fund by 5.3% during the 4th quarter. CSS LLC IL now owns 59,498 shares of the company’s stock worth $1,374,000 after purchasing an additional 3,000 shares during the period. Atlas Wealth LLC acquired a new position in shares of The Taiwan Fund during the 4th quarter worth $1,101,000. Finally, Captrust Financial Advisors acquired a new position in shares of The Taiwan Fund during the 2nd quarter worth $83,000. 88.58% of the stock is owned by institutional investors and hedge funds.
The Taiwan Fund Stock Down 0.5 %
NYSE:TWN opened at $30.35 on Tuesday. The Taiwan Fund, Inc. has a fifty-two week low of $18.35 and a fifty-two week high of $34.20. The firm’s fifty day simple moving average is $31.90 and its 200-day simple moving average is $28.59.
The Taiwan Fund Profile
The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by JF International Management 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.
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