Source: Americanbankingnews

Boenning & Scattergood: Boenning & Scattergood Inc. Buys New Stake in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX)

Boenning & Scattergood Inc. bought a new stake in shares of Abrdn Asia-Pacific Income Fund Inc ( NYSEAMERICAN:FAX - Get Rating ) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,396 shares of the investment management company's stock, valued at approximately $49,000. Several other hedge funds and other institutional investors have also made changes to their positions in the business. AdvisorNet Financial Inc lifted its holdings in shares of Abrdn Asia-Pacific Income Fund by 0.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 657,421 shares of the investment management company's stock valued at $1,657,000 after acquiring an additional 4,580 shares in the last quarter. Oxbow Advisors LLC increased its stake in Abrdn Asia-Pacific Income Fund by 2.3% during the 3rd quarter. Oxbow Advisors LLC now owns 217,087 shares of the investment management company's stock worth $547,000 after buying an additional 4,883 shares during the period. Dynamic Advisor Solutions LLC increased its stake in Abrdn Asia-Pacific Income Fund by 4.6% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 115,815 shares of the investment management company's stock worth $292,000 after buying an additional 5,074 shares during the period. NewEdge Advisors LLC increased its stake in Abrdn Asia-Pacific Income Fund by 2.0% during the 2nd quarter. NewEdge Advisors LLC now owns 276,433 shares of the investment management company's stock worth $807,000 after buying an additional 5,300 shares during the period. Finally, MML Investors Services LLC increased its stake in Abrdn Asia-Pacific Income Fund by 13.3% during the 3rd quarter. MML Investors Services LLC now owns 51,529 shares of the investment management company's stock worth $130,000 after buying an additional 6,050 shares during the period. Institutional investors and hedge funds own 23.94% of the company's stock. Abrdn Asia-Pacific Income Fund stock opened at $2.64 on Friday. Abrdn Asia-Pacific Income Fund Inc has a 12-month low of $2.26 and a 12-month high of $3.38. ( Get Rating ) Abrdn Asia-Pacific Income Fund Inc is a close 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 of Asia, Australia, and New Zeland. Receive News & Ratings for Abrdn Asia-Pacific Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abrdn Asia-Pacific Income Fund and related companies with MarketBeat.com's FREE daily email newsletter .

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Est. Annual Revenue
$100K-5.0M
Est. Employees
25-100
Harold F. Scattergood's photo - CEO of Boenning & Scattergood

CEO

Harold F. Scattergood

CEO Approval Rating

- -/100

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