28,489 Shares in Tekla Healthcare Investors (NYSE:HQH) Acquired by Private Advisor Group LLC

Private Advisor Group LLC bought a new position in Tekla Healthcare Investors (NYSE:HQH) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 28,489 shares of the financial services provider’s stock, valued at approximately $503,000. Private Advisor Group LLC owned about 0.06% of Tekla Healthcare Investors at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HQH. Morgan Stanley boosted its stake in shares of Tekla Healthcare Investors by 4.9% during the 4th quarter. Morgan Stanley now owns 3,118,800 shares of the financial services provider’s stock worth $56,138,000 after acquiring an additional 144,494 shares during the last quarter. Royal Bank of Canada raised its position in shares of Tekla Healthcare Investors by 4.3% during the 1st quarter. Royal Bank of Canada now owns 531,858 shares of the financial services provider’s stock valued at $11,047,000 after purchasing an additional 21,993 shares during the period. LPL Financial LLC raised its position in shares of Tekla Healthcare Investors by 7.8% during the 2nd quarter. LPL Financial LLC now owns 306,836 shares of the financial services provider’s stock valued at $5,735,000 after purchasing an additional 22,144 shares during the period. Bank of America Corp DE raised its position in shares of Tekla Healthcare Investors by 3.2% during the 1st quarter. Bank of America Corp DE now owns 297,138 shares of the financial services provider’s stock valued at $6,171,000 after purchasing an additional 9,228 shares during the period. Finally, Wolverine Asset Management LLC increased its holdings in Tekla Healthcare Investors by 4.9% in the 1st quarter. Wolverine Asset Management LLC now owns 282,734 shares of the financial services provider’s stock valued at $4,990,000 after acquiring an additional 13,120 shares during the last quarter. Hedge funds and other institutional investors own 18.55% of the company’s stock.

Tekla Healthcare Investors Trading Up 0.5 %

Shares of NYSE HQH opened at $16.65 on Friday. The firm’s fifty day moving average is $17.03 and its two-hundred day moving average is $17.33. Tekla Healthcare Investors has a 52-week low of $16.44 and a 52-week high of $19.60.

Tekla Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, August 25th will be issued a $0.40 dividend. The ex-dividend date is Thursday, August 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.61%.

Tekla Healthcare Investors Company Profile

Tekla Healthcare Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. 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.