Baird Financial Group Inc. Acquires 30,451 Shares of Abrdn Healthcare Investors (NYSE:HQH)

Baird Financial Group Inc. raised its holdings in Abrdn Healthcare Investors (NYSE:HQH) by 45.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 97,843 shares of the financial services provider’s stock after buying an additional 30,451 shares during the quarter. Baird Financial Group Inc.’s holdings in Abrdn Healthcare Investors were worth $1,570,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wolverine Asset Management LLC bought a new stake in shares of Abrdn Healthcare Investors in the 4th quarter worth approximately $2,196,000. Raymond James Financial Inc. bought a new stake in shares of Abrdn Healthcare Investors in the 4th quarter worth approximately $15,049,000. Steward Partners Investment Advisory LLC grew its position in shares of Abrdn Healthcare Investors by 20.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 22,358 shares of the financial services provider’s stock worth $359,000 after buying an additional 3,737 shares during the last quarter. Absolute Investment Advisers LLC bought a new stake in shares of Abrdn Healthcare Investors in the 4th quarter worth approximately $1,786,000. Finally, LPL Financial LLC boosted its position in shares of Abrdn Healthcare Investors by 65.3% during the fourth quarter. LPL Financial LLC now owns 282,020 shares of the financial services provider’s stock valued at $4,526,000 after purchasing an additional 111,383 shares in the last quarter. 32.60% of the stock is currently owned by institutional investors.

Abrdn Healthcare Investors Stock Performance

NYSE HQH opened at $15.64 on Tuesday. Abrdn Healthcare Investors has a twelve month low of $13.77 and a twelve month high of $19.79. The stock’s 50 day moving average is $15.83 and its 200 day moving average is $16.84.

Abrdn Healthcare Investors Company Profile

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.