TAIWAN FD INC/SH (NYSE:TWN) Shares Up 0.1%

TAIWAN FD INC/SH (NYSE:TWN)’s share price shot up 0.1% during mid-day trading on Friday . The stock traded as high as $17.80 and last traded at $17.72, 3,137 shares were traded during mid-day trading. A decline of 19% from the average session volume of 3,857 shares. The stock had previously closed at $17.70.

The firm has a fifty day moving average of $17.64 and a 200-day moving average of $17.21.

A number of institutional investors have recently bought and sold shares of TWN. Wells Fargo & Company MN boosted its stake in shares of TAIWAN FD INC/SH by 3.8% during the 2nd quarter. Wells Fargo & Company MN now owns 453,464 shares of the company’s stock worth $7,686,000 after acquiring an additional 16,705 shares during the period. Shaker Financial Services LLC acquired a new stake in TAIWAN FD INC/SH during the 1st quarter worth approximately $224,000. Finally, Thomas J. Herzfeld Advisors Inc. lifted its holdings in TAIWAN FD INC/SH by 1.4% during the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 121,241 shares of the company’s stock worth $2,171,000 after purchasing an additional 1,676 shares during the last quarter. Institutional investors and hedge funds own 67.66% of the company’s stock.



TAIWAN FD INC/SH Company Profile (NYSE:TWN)

The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by JF International Management 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.

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