Fiera Capital Corp cut its holdings in shares of Aberdeen Asia-Pacific Income Fund, Inc. (NYSE:FAX) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,698 shares of the investment management company’s stock after selling 517 shares during the quarter. Fiera Capital Corp’s holdings in Aberdeen Asia-Pacific Income Fund were worth $198,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Bronfman E.L. Rothschild L.P. raised its holdings in Aberdeen Asia-Pacific Income Fund by 1,440.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 20,105 shares of the investment management company’s stock valued at $101,000 after acquiring an additional 18,800 shares during the period. Brookstone Capital Management raised its holdings in Aberdeen Asia-Pacific Income Fund by 4.4% during the second quarter. Brookstone Capital Management now owns 23,750 shares of the investment management company’s stock valued at $119,000 after acquiring an additional 1,000 shares during the period. Benchmark Capital Advisors raised its holdings in Aberdeen Asia-Pacific Income Fund by 7.7% during the second quarter. Benchmark Capital Advisors now owns 33,500 shares of the investment management company’s stock valued at $167,000 after acquiring an additional 2,400 shares during the period. Synovus Financial Corp raised its holdings in Aberdeen Asia-Pacific Income Fund by 1.8% during the second quarter. Synovus Financial Corp now owns 34,764 shares of the investment management company’s stock valued at $173,000 after acquiring an additional 612 shares during the period. Finally, BB&T Securities LLC raised its holdings in Aberdeen Asia-Pacific Income Fund by 5.3% during the second quarter. BB&T Securities LLC now owns 39,837 shares of the investment management company’s stock valued at $199,000 after acquiring an additional 2,000 shares during the period.

Shares of Aberdeen Asia-Pacific Income Fund, Inc. (FAX) opened at 5.17 on Friday. Aberdeen Asia-Pacific Income Fund, Inc. has a 12-month low of $4.56 and a 12-month high of $5.29. The firm’s 50-day moving average price is $5.16 and its 200-day moving average price is $5.04.

The company also recently announced a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.035 per share. This represents a $0.42 annualized dividend and a dividend yield of 8.12%. The ex-dividend date is Thursday, September 21st.

In other news, major shareholder Voya Financial, Inc. bought 24,000,000 shares of the stock in a transaction dated Thursday, August 10th. The shares were acquired at an average cost of $24,000,000.00 per share, with a total value of $576,000,000,000,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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About Aberdeen Asia-Pacific Income Fund

Aberdeen Asia-Pacific Income Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. To achieve its investment objectives, the Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in Asian debt securities, Australian debt securities and New Zealand debt securities.

Institutional Ownership by Quarter for Aberdeen Asia-Pacific Income Fund (NYSE:FAX)

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