Mid Atlantic Financial Management Inc. ADV lifted its position in shares of Aberdeen Global Income Fund Inc (NYSEAMERICAN:FCO) by 22.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 46,610 shares of the company’s stock after buying an additional 8,610 shares during the quarter. Mid Atlantic Financial Management Inc. ADV’s holdings in Aberdeen Global Income Fund were worth $379,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in FCO. Shaker Financial Services LLC purchased a new position in Aberdeen Global Income Fund during the fourth quarter worth approximately $849,000. RMB Capital Management LLC purchased a new position in Aberdeen Global Income Fund during the fourth quarter worth approximately $87,000. Finally, WealthTrust Axiom LLC raised its stake in Aberdeen Global Income Fund by 7.9% during the fourth quarter. WealthTrust Axiom LLC now owns 140,075 shares of the company’s stock worth $997,000 after purchasing an additional 10,200 shares during the period.
NYSEAMERICAN:FCO opened at $8.18 on Wednesday. Aberdeen Global Income Fund Inc has a fifty-two week low of $6.65 and a fifty-two week high of $8.85.
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Aberdeen Global Income Fund Company Profile
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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