Claro Advisors LLC Sells 830 Shares of Abrdn Healthcare Investors (NYSE:HQH)

Claro Advisors LLC lowered its holdings in Abrdn Healthcare Investors (NYSE:HQH) by 3.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,584 shares of the financial services provider’s stock after selling 830 shares during the quarter. Claro Advisors LLC’s holdings in Abrdn Healthcare Investors were worth $414,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cornerstone Advisors LLC raised its holdings in shares of Abrdn Healthcare Investors by 66.7% in the 4th quarter. Cornerstone Advisors LLC now owns 732,299 shares of the financial services provider’s stock valued at $12,134,000 after purchasing an additional 292,920 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Abrdn Healthcare Investors by 16.0% in the 4th quarter. Private Advisor Group LLC now owns 31,510 shares of the financial services provider’s stock valued at $522,000 after purchasing an additional 4,337 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Abrdn Healthcare Investors by 1,108.9% in the 4th quarter. International Assets Investment Management LLC now owns 37,428 shares of the financial services provider’s stock valued at $620,000 after purchasing an additional 34,332 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in shares of Abrdn Healthcare Investors by 22.1% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 86,031 shares of the financial services provider’s stock valued at $1,451,000 after purchasing an additional 15,590 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Abrdn Healthcare Investors by 5.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 252,971 shares of the financial services provider’s stock valued at $4,192,000 after purchasing an additional 13,816 shares in the last quarter. Institutional investors own 32.60% of the company’s stock.

Abrdn Healthcare Investors Trading Down 0.0 %

Shares of NYSE HQH traded down $0.01 during trading hours on Monday, hitting $17.46. 119,491 shares of the stock were exchanged, compared to its average volume of 158,005. The firm has a fifty day moving average price of $16.85 and a 200-day moving average price of $16.83. Abrdn Healthcare Investors has a 12 month low of $14.31 and a 12 month high of $17.68.

Abrdn Healthcare Investors Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, May 23rd were paid a dividend of $0.59 per share. This is a positive change from Abrdn Healthcare Investors’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $2.36 dividend on an annualized basis and a yield of 13.52%.

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.