Evanson Asset Management LLC Has $4.37 Million Stock Position in Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX)

Evanson Asset Management LLC lowered its holdings in Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) by 5.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,043,537 shares of the investment management company’s stock after selling 64,229 shares during the quarter. Aberdeen Asia-Pacific Income Fund accounts for about 0.9% of Evanson Asset Management LLC’s investment portfolio, making the stock its 23rd largest position. Evanson Asset Management LLC owned about 0.42% of Aberdeen Asia-Pacific Income Fund worth $4,372,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FAX. Raymond James Financial Services Advisors Inc. grew its holdings in Aberdeen Asia-Pacific Income Fund by 166.8% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 136,372 shares of the investment management company’s stock valued at $577,000 after buying an additional 85,259 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Aberdeen Asia-Pacific Income Fund by 240.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 15,130 shares of the investment management company’s stock worth $64,000 after purchasing an additional 10,680 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Aberdeen Asia-Pacific Income Fund during the 1st quarter worth approximately $348,000. Advisory Services Network LLC grew its holdings in shares of Aberdeen Asia-Pacific Income Fund by 6.1% during the 1st quarter. Advisory Services Network LLC now owns 271,668 shares of the investment management company’s stock worth $1,149,000 after purchasing an additional 15,565 shares in the last quarter. Finally, 6 Meridian acquired a new stake in shares of Aberdeen Asia-Pacific Income Fund during the 2nd quarter worth approximately $1,673,000.

Shares of NYSEAMERICAN:FAX remained flat at $$4.23 during trading on Friday. The stock had a trading volume of 261,986 shares, compared to its average volume of 766,555. Aberdeen Asia-Pacific Income Fund, Inc. has a one year low of $3.82 and a one year high of $4.31.

The business also recently announced a — dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were given a dividend of $0.0275 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a dividend yield of 7.9%.

Aberdeen Asia-Pacific Income Fund Profile

Aberdeen 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.

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Institutional Ownership by Quarter for Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN:FAX)

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