Thomas J. Herzfeld Advisors Inc. Has $1.70 Million Stake in Tekla Healthcare Investors (HQH)

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Thomas J. Herzfeld Advisors Inc. grew its stake in shares of Tekla Healthcare Investors (NYSE:HQH) by 39.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,891 shares of the financial services provider’s stock after acquiring an additional 22,391 shares during the period. Thomas J. Herzfeld Advisors Inc. owned 0.19% of Tekla Healthcare Investors worth $1,699,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. LPL Financial LLC lifted its position in Tekla Healthcare Investors by 28.2% during the first quarter. LPL Financial LLC now owns 47,560 shares of the financial services provider’s stock worth $1,024,000 after acquiring an additional 10,457 shares during the last quarter. UBS Group AG lifted its position in Tekla Healthcare Investors by 2.8% during the first quarter. UBS Group AG now owns 345,693 shares of the financial services provider’s stock worth $7,443,000 after acquiring an additional 9,520 shares during the last quarter. Mutual Advisors LLC lifted its position in Tekla Healthcare Investors by 249.1% during the first quarter. Mutual Advisors LLC now owns 37,531 shares of the financial services provider’s stock worth $808,000 after acquiring an additional 26,781 shares during the last quarter. City of London Investment Management Co. Ltd. lifted its position in Tekla Healthcare Investors by 82.8% during the first quarter. City of London Investment Management Co. Ltd. now owns 477,916 shares of the financial services provider’s stock worth $10,294,000 after acquiring an additional 216,515 shares during the last quarter. Finally, Citadel Advisors LLC lifted its position in Tekla Healthcare Investors by 44.7% during the first quarter. Citadel Advisors LLC now owns 16,927 shares of the financial services provider’s stock worth $364,000 after acquiring an additional 5,229 shares during the last quarter. Hedge funds and other institutional investors own 19.86% of the company’s stock.

Shares of HQH stock opened at $21.50 on Friday. Tekla Healthcare Investors has a 12-month low of $20.36 and a 12-month high of $26.29.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 29th. Stockholders of record on Friday, June 1st were given a $0.47 dividend. The ex-dividend date of this dividend was Thursday, May 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 8.74%.

Tekla Healthcare Investors Profile

Tekla Healthcare Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. 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.

Institutional Ownership by Quarter for Tekla Healthcare Investors (NYSE:HQH)

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