Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) Stake Lessened by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC lessened its stake in shares of Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,148 shares of the investment management company’s stock after selling 3,118 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Abrdn Asia-Pacific Income Fund were worth $665,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC lifted its holdings in Abrdn Asia-Pacific Income Fund by 792.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 1,047,760 shares of the investment management company’s stock valued at $18,231,000 after acquiring an additional 930,402 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Abrdn Asia-Pacific Income Fund in the 3rd quarter worth approximately $1,398,000. Mezzasalma Advisors LLC acquired a new stake in Abrdn Asia-Pacific Income Fund during the fourth quarter valued at approximately $361,000. Garner Asset Management Corp boosted its holdings in Abrdn Asia-Pacific Income Fund by 33.5% during the third quarter. Garner Asset Management Corp now owns 55,884 shares of the investment management company’s stock worth $972,000 after buying an additional 14,009 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its holdings in Abrdn Asia-Pacific Income Fund by 13.0% during the fourth quarter. Stratos Wealth Advisors LLC now owns 101,017 shares of the investment management company’s stock worth $1,487,000 after buying an additional 11,596 shares in the last quarter. Institutional investors own 33.55% of the company’s stock.

Abrdn Asia-Pacific Income Fund Trading Down 0.3 %

NYSEAMERICAN FAX opened at $15.83 on Monday. Abrdn Asia-Pacific Income Fund Inc has a 1 year low of $14.56 and a 1 year high of $17.55. The firm has a fifty day moving average of $15.14.

Abrdn Asia-Pacific Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.165 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 12.51%. The ex-dividend date of this dividend was Friday, February 21st.

About Abrdn Asia-Pacific Income Fund

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.