Ashton Thomas Securities LLC Sells 9,838 Shares of abrdn Healthcare Investors $HQH

Ashton Thomas Securities LLC decreased its position in abrdn Healthcare Investors (NYSE:HQH) by 41.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,809 shares of the financial services provider’s stock after selling 9,838 shares during the period. Ashton Thomas Securities LLC’s holdings in abrdn Healthcare Investors were worth $214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HQH. Costello Asset Management INC purchased a new position in abrdn Healthcare Investors in the first quarter worth about $40,000. US Bancorp DE raised its holdings in abrdn Healthcare Investors by 192.8% in the 1st quarter. US Bancorp DE now owns 3,733 shares of the financial services provider’s stock worth $61,000 after acquiring an additional 2,458 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in abrdn Healthcare Investors in the 1st quarter worth approximately $166,000. Wealth Enhancement Advisory Services LLC bought a new position in abrdn Healthcare Investors in the 1st quarter valued at approximately $189,000. Finally, Goldman Sachs Group Inc. boosted its stake in abrdn Healthcare Investors by 7.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 11,732 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 788 shares during the last quarter. 32.60% of the stock is currently owned by institutional investors.

abrdn Healthcare Investors Price Performance

abrdn Healthcare Investors stock opened at $18.61 on Friday. abrdn Healthcare Investors has a 12 month low of $13.77 and a 12 month high of $18.86. The stock has a fifty day simple moving average of $16.63 and a two-hundred day simple moving average of $15.98.

abrdn Healthcare Investors Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 22nd were paid a dividend of $0.51 per share. The ex-dividend date was Friday, August 22nd. This represents a $2.04 annualized dividend and a yield of 11.0%.

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.