Aberdeen Global Income Fund Inc (FCO) Position Boosted by Mid Atlantic Financial Management Inc. ADV

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.



The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 22nd will be paid a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of 10.27%. The ex-dividend date of this dividend is Tuesday, May 21st.

TRADEMARK VIOLATION NOTICE: “Aberdeen Global Income Fund Inc (FCO) Position Boosted by Mid Atlantic Financial Management Inc. ADV” was originally reported by Dakota Financial News and is owned by of Dakota Financial News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://dakotafinancialnews.com/2019/05/22/aberdeen-global-income-fund-inc-fco-position-boosted-by-mid-atlantic-financial-management-inc-adv.html.

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.

Featured Article: How to calculate the intrinsic value of a stock

Want to see what other hedge funds are holding FCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aberdeen Global Income Fund Inc (NYSEAMERICAN:FCO).

Institutional Ownership by Quarter for Aberdeen Global Income Fund (NYSEAMERICAN:FCO)

Receive News & Ratings for Aberdeen Global Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Global Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.