Evolve Private Wealth LLC Purchases Shares of 15,942 Taiwan Fund, Inc. (The) $TWN

by · The Markets Daily

Evolve Private Wealth LLC purchased a new position in shares of Taiwan Fund, Inc. (The) (NYSE:TWN – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 15,942 shares of the company’s stock, valued at approximately $1,533,000. Evolve Private Wealth LLC owned 0.28% of Taiwan Fund at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Osaic Holdings Inc. boosted 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 valued at $48,000 after purchasing an additional 309 shares in the last quarter. Quantedge Capital Pte Ltd increased its holdings in Taiwan Fund by 7.4% in the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after purchasing an additional 1,000 shares in the last quarter. Lazard Asset Management LLC increased 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 in the last quarter. Finally, Karpus Management Inc. lifted its stake in Taiwan Fund by 86.4% in 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 period.

Taiwan Fund Stock Performance

Taiwan Fund stock opened at $97.86 on Friday. Taiwan Fund, Inc. has a 52-week low of $47.95 and a 52-week high of $105.09. The stock’s 50 day moving average price is $92.41 and its two-hundred day moving average price is $82.03.

Taiwan Fund Profile

(Free Report)

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.

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