Taiwan Fund, Inc. (The) $TWN Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its position in shares of Taiwan Fund, Inc. (The) (NYSE:TWN) by 17.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 923,807 shares of the company’s stock after selling 199,223 shares during the period. Lazard Asset Management LLC owned 0.16% of Taiwan Fund worth $60,731,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Karpus Management Inc. raised its holdings in shares of Taiwan Fund by 86.4% during the second quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock valued at $4,084,000 after buying an additional 42,256 shares during the last quarter. Evolve Private Wealth LLC acquired a new position in shares of Taiwan Fund during the fourth quarter worth approximately $915,000. Quantedge Capital Pte Ltd boosted its position in shares of Taiwan Fund by 7.4% during the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after buying an additional 1,000 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Taiwan Fund by 40.8% in 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 in the last quarter.

Taiwan Fund Price Performance

Shares of TWN stock opened at $84.96 on Tuesday. Taiwan Fund, Inc. has a 12-month low of $45.31 and a 12-month high of $105.09. The business has a 50 day simple moving average of $94.20 and a 200 day simple moving average of $77.48.

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.