Atomi Financial Group Inc. Grows Position in Abrdn Healthcare Investors (NYSE:HQH)

Atomi Financial Group Inc. boosted its stake in shares of Abrdn Healthcare Investors (NYSE:HQH) by 7.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,920 shares of the financial services provider’s stock after acquiring an additional 1,680 shares during the period. Atomi Financial Group Inc.’s holdings in Abrdn Healthcare Investors were worth $400,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of HQH. EverSource Wealth Advisors LLC purchased a new position in shares of Abrdn Healthcare Investors during the second quarter valued at about $93,000. B. Riley Wealth Advisors Inc. grew its holdings in Abrdn Healthcare Investors by 28.0% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 90,160 shares of the financial services provider’s stock valued at $1,576,000 after buying an additional 19,719 shares in the last quarter. Truist Financial Corp increased its stake in Abrdn Healthcare Investors by 11.9% in the 2nd quarter. Truist Financial Corp now owns 12,730 shares of the financial services provider’s stock worth $222,000 after acquiring an additional 1,355 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Abrdn Healthcare Investors during the 2nd quarter worth approximately $939,000. Finally, Sage Capital Advisors llc boosted its position in shares of Abrdn Healthcare Investors by 4.7% during the 3rd quarter. Sage Capital Advisors llc now owns 28,733 shares of the financial services provider’s stock valued at $535,000 after acquiring an additional 1,289 shares during the last quarter. 32.60% of the stock is currently owned by institutional investors.

Abrdn Healthcare Investors Price Performance

HQH stock opened at $17.75 on Friday. The firm has a fifty day moving average price of $16.96 and a 200 day moving average price of $18.03. Abrdn Healthcare Investors has a fifty-two week low of $15.76 and a fifty-two week high of $19.79.

Abrdn Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, November 21st were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 13.97%. This is a boost from Abrdn Healthcare Investors’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Thursday, November 21st.

Abrdn Healthcare Investors Company Profile

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.