Hudson Portfolio Management LLC Makes New $625,000 Investment in Taiwan Fund, Inc. (The) $TWN

Hudson Portfolio Management LLC purchased a new stake in Taiwan Fund, Inc. (The) (NYSE:TWN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,494 shares of the company’s stock, valued at approximately $625,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Osaic Holdings Inc. grew its position in shares of Taiwan Fund by 40.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after buying an additional 309 shares during the period. Quantedge Capital Pte Ltd lifted its position in shares of Taiwan Fund by 7.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock valued at $949,000 after acquiring an additional 1,000 shares during the period. Evolve Private Wealth LLC bought a new position in Taiwan Fund during the second quarter worth $1,533,000. Karpus Management Inc. boosted its stake in Taiwan Fund by 86.4% during the second quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock worth $4,084,000 after acquiring an additional 42,256 shares in the last quarter. Finally, Lazard Asset Management LLC grew its holdings in Taiwan Fund by 3.8% in the fourth quarter. Lazard Asset Management LLC now owns 1,123,030 shares of the company’s stock worth $59,947,000 after purchasing an additional 41,221 shares during the period.

Taiwan Fund Stock Up 1.3%

TWN opened at $97.86 on Friday. The company has a fifty day moving average price of $92.41 and a two-hundred day moving average price of $82.03. Taiwan Fund, Inc. has a 1-year low of $47.95 and a 1-year high of $105.09.

Taiwan Fund Profile

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.