Aberdeen Global Income Fund (NYSEAMERICAN:FCO) Shares Up 0.8%

Aberdeen Global Income Fund Inc (NYSEAMERICAN:FCO) shares shot up 0.8% during mid-day trading on Wednesday . The company traded as high as $7.86 and last traded at $7.84, 3,043 shares traded hands during mid-day trading. A decline of 87% from the average session volume of 24,030 shares. The stock had previously closed at $7.78.

Institutional investors and hedge funds have recently modified their holdings of the stock. WealthTrust Axiom LLC lifted its stake in Aberdeen Global Income Fund by 3.5% during the 3rd quarter. WealthTrust Axiom LLC now owns 141,875 shares of the company’s stock valued at $1,113,000 after acquiring an additional 4,800 shares in the last quarter. Morgan Stanley lifted its stake in Aberdeen Global Income Fund by 23.4% during the 2nd quarter. Morgan Stanley now owns 44,508 shares of the company’s stock valued at $372,000 after acquiring an additional 8,433 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Aberdeen Global Income Fund by 7.9% during the 2nd quarter. Wells Fargo & Company MN now owns 128,760 shares of the company’s stock valued at $1,077,000 after acquiring an additional 9,400 shares in the last quarter. Mid Atlantic Financial Management Inc. ADV lifted its stake in Aberdeen Global Income Fund by 3.3% during the 2nd quarter. Mid Atlantic Financial Management Inc. ADV now owns 48,170 shares of the company’s stock valued at $403,000 after acquiring an additional 1,560 shares in the last quarter. Finally, Advisor Group Inc. lifted its stake in Aberdeen Global Income Fund by 150.6% during the 2nd quarter. Advisor Group Inc. now owns 44,020 shares of the company’s stock valued at $368,000 after acquiring an additional 26,456 shares in the last quarter.

Aberdeen Global Income Fund Company Profile (NYSEAMERICAN:FCO)

Aberdeen Global Income Fund, Inc is a closed-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 across the globe.

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