The Taiwan Fund (NYSE:TWN) Shares Down 0.1%

The Taiwan Fund, Inc. (NYSE:TWN)’s stock price dropped 0.1% during mid-day trading on Friday . The stock traded as low as $41.16 and last traded at $41.78. Approximately 13,785 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 19,898 shares. The stock had previously closed at $41.82.

The Taiwan Fund Stock Down 0.1 %

The firm has a fifty day simple moving average of $42.44 and a 200-day simple moving average of $39.71.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC boosted its holdings in The Taiwan Fund by 159.8% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,346 shares of the company’s stock worth $47,000 after acquiring an additional 828 shares in the last quarter. Matisse Capital boosted its holdings in The Taiwan Fund by 1.8% in the first quarter. Matisse Capital now owns 65,000 shares of the company’s stock worth $2,575,000 after acquiring an additional 1,149 shares in the last quarter. Bulldog Investors LLP boosted its holdings in The Taiwan Fund by 1.6% in the fourth quarter. Bulldog Investors LLP now owns 230,999 shares of the company’s stock worth $7,974,000 after acquiring an additional 3,590 shares in the last quarter. Karpus Management Inc. boosted its holdings in The Taiwan Fund by 4.2% in the fourth quarter. Karpus Management Inc. now owns 119,693 shares of the company’s stock worth $4,140,000 after acquiring an additional 4,813 shares in the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in shares of The Taiwan Fund by 444.1% in the fourth quarter. Wolverine Asset Management LLC now owns 7,683 shares of the company’s stock valued at $266,000 after purchasing an additional 6,271 shares in the last quarter.

About The Taiwan Fund

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.