Sigma Planning Corp Sells 15,263 Shares of Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX)

Sigma Planning Corp lowered its position in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) by 31.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 32,690 shares of the investment management company’s stock after selling 15,263 shares during the period. Sigma Planning Corp’s holdings in Abrdn Asia-Pacific Income Fund were worth $89,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Ironsides Asset Advisors LLC increased its stake in Abrdn Asia-Pacific Income Fund by 50.2% in the third quarter. Ironsides Asset Advisors LLC now owns 67,982 shares of the investment management company’s stock valued at $167,000 after acquiring an additional 22,717 shares during the period. Institutional investors and hedge funds own 33.55% of the company’s stock.

Abrdn Asia-Pacific Income Fund Trading Down 1.9 %

NYSEAMERICAN:FAX opened at $2.52 on Tuesday. Abrdn Asia-Pacific Income Fund Inc has a 12-month low of $2.33 and a 12-month high of $2.84.

Abrdn Asia-Pacific Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.0275 per share. The ex-dividend date is Monday, April 22nd. This represents a $0.33 annualized dividend and a dividend yield of 13.10%.

Abrdn Asia-Pacific Income Fund Profile

Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.