Taiwan Fund, Inc. (The) $TWN Shares Bought by Rock Creek Group LP

Rock Creek Group LP lifted its position in Taiwan Fund, Inc. (The) (NYSE:TWN) by 1,061.6% during the third quarter, Holdings Channel reports. The institutional investor owned 66,210 shares of the company’s stock after buying an additional 60,510 shares during the quarter. Taiwan Fund makes up approximately 0.4% of Rock Creek Group LP’s investment portfolio, making the stock its 19th largest position. Rock Creek Group LP’s holdings in Taiwan Fund were worth $3,585,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Osaic Holdings Inc. grew its holdings in Taiwan Fund by 40.8% during the second quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after acquiring an additional 309 shares during the period. Quantedge Capital Pte Ltd lifted its holdings in Taiwan Fund by 2.1% in the 2nd quarter. Quantedge Capital Pte Ltd now owns 37,037 shares of the company’s stock valued at $1,660,000 after acquiring an additional 765 shares during the last quarter. Shaker Financial Services LLC boosted its position in shares of Taiwan Fund by 15.2% during the 3rd quarter. Shaker Financial Services LLC now owns 49,438 shares of the company’s stock valued at $2,676,000 after purchasing an additional 6,537 shares in the last quarter. Finally, Karpus Management Inc. grew its stake in shares of Taiwan Fund by 86.4% in the 2nd quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock worth $4,084,000 after purchasing an additional 42,256 shares during the last quarter.

Taiwan Fund Trading Down 0.2%

NYSE TWN opened at $63.86 on Friday. Taiwan Fund, Inc. has a 12 month low of $26.45 and a 12 month high of $65.00. The company’s 50 day simple moving average is $57.88 and its 200 day simple moving average is $55.41.

Taiwan Fund Cuts Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 29th were issued a $6.2002 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a dividend yield of 1,171.0%.

About Taiwan Fund

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.