The Taiwan Fund, Inc. (NYSE:TWN) Holdings Lessened by City of London Investment Management Co. Ltd.

City of London Investment Management Co. Ltd. lowered its stake in shares of The Taiwan Fund, Inc. (NYSE:TWNFree Report) by 2.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,718,783 shares of the company’s stock after selling 80,592 shares during the quarter. The Taiwan Fund accounts for approximately 7.7% of City of London Investment Management Co. Ltd.’s portfolio, making the stock its 2nd biggest position. City of London Investment Management Co. Ltd.’s holdings in The Taiwan Fund were worth $94,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in TWN. Landscape Capital Management L.L.C. acquired a new stake in shares of The Taiwan Fund during the third quarter worth approximately $236,000. Wolverine Asset Management LLC acquired a new stake in shares of The Taiwan Fund during the third quarter worth approximately $42,000. 1607 Capital Partners LLC grew its position in shares of The Taiwan Fund by 1.4% during the third quarter. 1607 Capital Partners LLC now owns 656,003 shares of the company’s stock worth $19,667,000 after buying an additional 8,846 shares in the last quarter. Almitas Capital LLC grew its position in shares of The Taiwan Fund by 18.8% during the third quarter. Almitas Capital LLC now owns 78,924 shares of the company’s stock worth $2,366,000 after buying an additional 12,472 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its position in shares of The Taiwan Fund by 159.8% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,346 shares of the company’s stock worth $47,000 after buying an additional 828 shares in the last quarter.

The Taiwan Fund Stock Down 0.2 %

Shares of TWN stock traded down $0.08 during mid-day trading on Tuesday, reaching $39.78. 9,878 shares of the company were exchanged, compared to its average volume of 18,973. The Taiwan Fund, Inc. has a fifty-two week low of $26.85 and a fifty-two week high of $41.51. The business’s 50 day simple moving average is $39.30 and its 200 day simple moving average is $36.57.

About The Taiwan Fund

(Free Report)

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.

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Institutional Ownership by Quarter for The Taiwan Fund (NYSE:TWN)

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