Shaker Financial Services LLC Has $1.37 Million Position in The Taiwan Fund, Inc. (NYSE:TWN)

Shaker Financial Services LLC lifted its position in shares of The Taiwan Fund, Inc. (NYSE:TWN) by 14.3% during the 4th quarter, Holdings Channel reports. The firm owned 35,411 shares of the company’s stock after purchasing an additional 4,430 shares during the quarter. Shaker Financial Services LLC’s holdings in The Taiwan Fund were worth $1,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of TWN. Thomas J. Herzfeld Advisors Inc. increased its position in The Taiwan Fund by 5.8% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 68,717 shares of the company’s stock worth $2,656,000 after buying an additional 3,791 shares during the last quarter. Nomura Asset Management Co. Ltd. bought a new position in shares of The Taiwan Fund during the 4th quarter worth approximately $1,269,000. LPL Financial LLC acquired a new position in shares of The Taiwan Fund during the 4th quarter worth approximately $737,000. Virtu Financial LLC bought a new stake in The Taiwan Fund in the 4th quarter valued at $216,000. Finally, Blue Bell Private Wealth Management LLC raised its stake in The Taiwan Fund by 20.3% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 2,366 shares of the company’s stock valued at $91,000 after acquiring an additional 400 shares during the period.

The Taiwan Fund Stock Down 0.4 %

TWN stock opened at $30.26 on Monday. The Taiwan Fund, Inc. has a one year low of $26.45 and a one year high of $47.24. The company has a fifty day moving average price of $34.39 and a two-hundred day moving average price of $39.54.

The Taiwan Fund Profile

The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.SA Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.