Tekla World Healthcare Fund (NYSE:THW – Get Rating) declared a monthly dividend on Monday, June 13th, Wall Street Journal reports. Shareholders of record on Tuesday, June 21st will be given a dividend of 0.1167 per share on Thursday, June 30th. This represents a $1.40 dividend on an annualized basis and a yield of 9.78%. The ex-dividend date of this dividend is Friday, June 17th.
THW traded down $0.71 during trading on Monday, reaching $14.32. The company’s stock had a trading volume of 138,379 shares, compared to its average volume of 141,659. The firm has a fifty day simple moving average of $15.63 and a two-hundred day simple moving average of $15.30. Tekla World Healthcare Fund has a 1 year low of $13.29 and a 1 year high of $17.38.
Institutional investors have recently bought and sold shares of the stock. Morgan Stanley grew its stake in shares of Tekla World Healthcare Fund by 11.4% in the second quarter. Morgan Stanley now owns 898,639 shares of the company’s stock worth $14,774,000 after acquiring an additional 91,774 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Tekla World Healthcare Fund during the 4th quarter worth $226,000. Raymond James Financial Services Advisors Inc. lifted its position in shares of Tekla World Healthcare Fund by 27.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 39,400 shares of the company’s stock worth $600,000 after purchasing an additional 8,589 shares during the last quarter. UBS Group AG lifted its position in Tekla World Healthcare Fund by 2.3% in the first quarter. UBS Group AG now owns 293,614 shares of the company’s stock valued at $4,472,000 after acquiring an additional 6,616 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Tekla World Healthcare Fund by 0.3% in the first quarter. Royal Bank of Canada now owns 636,571 shares of the company’s stock valued at $9,695,000 after acquiring an additional 1,630 shares during the last quarter.
Tekla World Healthcare 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 stocks of companies operating in the healthcare sector. For its fixed income portion, the fund primarily invests in corporate debt securities.
- Get a free copy of the StockNews.com research report on Tekla World Healthcare Fund (THW)
- SunPower Stock is a Value Solar Play
- Atlassian Stock: Taking Another Look
- Doximity Stock is an Interesting Healthcare Play
- The Analysts Rip The Seams Out Of Stitch Fix
- Where Are Interest Rates Going This Year? A Lot Higher
Receive News & Ratings for Tekla World Healthcare Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tekla World Healthcare Fund and related companies with MarketBeat.com's FREE daily email newsletter.