Abrdn Healthcare Opportunities Fund (THQ) to Issue Monthly Dividend of $0.11 on November 30th

Abrdn Healthcare Opportunities Fund (NYSE:THQ) declared a monthly dividend on Thursday, November 9th, Zacks reports. Shareholders of record on Wednesday, November 22nd will be paid a dividend of 0.112 per share on Thursday, November 30th. This represents a $1.34 annualized dividend and a dividend yield of 8.03%. The ex-dividend date of this dividend is Tuesday, November 21st.

Abrdn Healthcare Opportunities Fund Trading Up 1.0 %

Shares of NYSE THQ opened at $16.73 on Friday. Abrdn Healthcare Opportunities Fund has a fifty-two week low of $15.29 and a fifty-two week high of $21.02. The business’s 50 day moving average price is $16.73 and its 200-day moving average price is $18.08.

Hedge Funds Weigh In On Abrdn Healthcare Opportunities Fund

Hedge funds have recently bought and sold shares of the business. Advisors Asset Management Inc. boosted its stake in shares of Abrdn Healthcare Opportunities Fund by 28.5% during the first quarter. Advisors Asset Management Inc. now owns 22,549 shares of the company’s stock valued at $423,000 after purchasing an additional 4,999 shares during the period. Walleye Capital LLC purchased a new stake in Abrdn Healthcare Opportunities Fund in the 1st quarter valued at about $379,000. Nations Financial Group Inc. IA ADV grew its stake in Abrdn Healthcare Opportunities Fund by 10.6% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 16,685 shares of the company’s stock worth $371,000 after acquiring an additional 1,600 shares in the last quarter. Guggenheim Capital LLC purchased a new position in shares of Abrdn Healthcare Opportunities Fund during the first quarter worth approximately $324,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Abrdn Healthcare Opportunities Fund during the first quarter valued at approximately $320,000.

About Abrdn Healthcare Opportunities Fund

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.