Allspring Global Investments Holdings LLC increased its stake in shares of The China Fund, Inc. (NYSE:CHN – Free Report) by 2.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,257,471 shares of the investment management company’s stock after acquiring an additional 34,200 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in The China Fund were worth $13,920,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Private Advisor Group LLC bought a new stake in shares of The China Fund in the first quarter valued at about $404,000. BDO Wealth Advisors LLC lifted its position in The China Fund by 4.7% in the first quarter. BDO Wealth Advisors LLC now owns 38,249 shares of the investment management company’s stock worth $489,000 after purchasing an additional 1,707 shares during the period. Shaker Financial Services LLC boosted its stake in The China Fund by 12.8% during the first quarter. Shaker Financial Services LLC now owns 42,398 shares of the investment management company’s stock worth $542,000 after buying an additional 4,812 shares in the last quarter. Morgan Stanley increased its holdings in The China Fund by 13.3% in the 4th quarter. Morgan Stanley now owns 24,503 shares of the investment management company’s stock valued at $317,000 after buying an additional 2,869 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of The China Fund by 238.3% in the 4th quarter. Bank of America Corp DE now owns 12,119 shares of the investment management company’s stock valued at $157,000 after buying an additional 8,537 shares in the last quarter.
The China Fund Trading Down 2.0 %
Shares of The China Fund stock opened at $10.26 on Wednesday. The firm’s 50-day simple moving average is $11.26 and its 200-day simple moving average is $11.53. The China Fund, Inc. has a twelve month low of $9.75 and a twelve month high of $16.16.
The China Fund Profile
The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.
Featured Articles
- Five stocks we like better than The China Fund
- Stock Analyst Ratings and Canadian Analyst Ratings
- Why Ralph Lauren Should Be On Your Holiday Wishlist
- Transportation Stocks Investing
- MarketBeat Stock of the Week, Amazon Goes Big on AI
- How to Invest in Fertilizer
- Inflation is Why a Soft Landing is Bad for the Economy
Receive News & Ratings for The China Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The China Fund and related companies with MarketBeat.com's FREE daily email newsletter.
