Shaker Financial Services LLC decreased its position in The China Fund, Inc. (NYSE:CHN – Free Report) by 16.9% during the third quarter, HoldingsChannel reports. The firm owned 62,892 shares of the investment management company’s stock after selling 12,803 shares during the quarter. Shaker Financial Services LLC’s holdings in The China Fund were worth $801,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, Wolverine Asset Management LLC acquired a new position in The China Fund in the 2nd quarter valued at $390,000.
The China Fund Stock Performance
CHN stock opened at $12.62 on Thursday. The company has a 50-day moving average of $11.66 and a two-hundred day moving average of $10.80. The China Fund, Inc. has a 52-week low of $9.00 and a 52-week high of $14.74.
The China Fund Company Profile
The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.
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