Shaker Financial Services LLC Has $801,000 Holdings in The China Fund, Inc. (NYSE:CHN)

Shaker Financial Services LLC lessened its holdings in shares of The China Fund, Inc. (NYSE:CHN) by 16.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,892 shares of the investment management company’s stock after selling 12,803 shares during the quarter. Shaker Financial Services LLC’s holdings in The China Fund were worth $801,000 at the end of the most recent quarter.

Separately, Allspring Global Investments Holdings LLC grew its position in The China Fund by 0.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,030,382 shares of the investment management company’s stock valued at $10,427,000 after purchasing an additional 7,307 shares in the last quarter.

The China Fund Stock Performance

The China Fund stock opened at $12.62 on Thursday. The China Fund, Inc. has a 12 month low of $9.00 and a 12 month high of $14.74. The company’s fifty day simple moving average is $11.66 and its 200-day simple moving average is $10.80.

The China Fund Company 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.