Abrdn Healthcare Opportunities Fund (THQ) to Issue Monthly Dividend of $0.18 on April 30th

Abrdn Healthcare Opportunities Fund (NYSE:THQ) declared a monthly dividend on Tuesday, April 9th, Zacks reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.18 per share on Tuesday, April 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 11.27%. The ex-dividend date of this dividend is Monday, April 22nd.

Abrdn Healthcare Opportunities Fund Stock Performance

NYSE THQ opened at $19.17 on Friday. The stock’s 50 day moving average is $19.67 and its 200 day moving average is $18.22. Abrdn Healthcare Opportunities Fund has a twelve month low of $15.29 and a twelve month high of $20.38.

Institutional Trading of Abrdn Healthcare Opportunities Fund

A number of hedge funds have recently modified their holdings of THQ. Comerica Bank purchased a new position in Abrdn Healthcare Opportunities Fund during the 3rd quarter valued at about $825,000. Kingsview Wealth Management LLC bought a new stake in shares of Abrdn Healthcare Opportunities Fund in the 2nd quarter worth approximately $948,000. Cibc World Market Inc. purchased a new stake in shares of Abrdn Healthcare Opportunities Fund in the 1st quarter worth approximately $913,000. Morgan Stanley boosted its stake in Abrdn Healthcare Opportunities Fund by 2.0% in the 4th quarter. Morgan Stanley now owns 1,689,126 shares of the company’s stock worth $33,462,000 after purchasing an additional 33,667 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in Abrdn Healthcare Opportunities Fund by 3.4% in the 2nd quarter. Royal Bank of Canada now owns 825,058 shares of the company’s stock worth $15,734,000 after purchasing an additional 26,797 shares in the last quarter.

Abrdn Healthcare Opportunities Fund Company Profile

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.