Taiwan Fund (NYSE:TWN) Director Sells $11,901.88 in Stock

Taiwan Fund, Inc. (The) (NYSE:TWN) Director Shelley Rigger sold 134 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $88.82, for a total value of $11,901.88. Following the transaction, the director directly owned 166 shares in the company, valued at approximately $14,744.12. This represents a 44.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Taiwan Fund Trading Up 3.6%

Shares of Taiwan Fund stock opened at $96.22 on Friday. The firm has a fifty day moving average of $87.78 and a two-hundred day moving average of $69.13. Taiwan Fund, Inc. has a 52 week low of $41.42 and a 52 week high of $103.45.

Institutional Trading of Taiwan Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. Lazard Asset Management LLC raised its position in shares of Taiwan Fund by 3.8% during the 4th quarter. Lazard Asset Management LLC now owns 1,123,030 shares of the company’s stock valued at $59,947,000 after acquiring an additional 41,221 shares during the last quarter. Karpus Management Inc. raised its position in shares of Taiwan Fund by 86.4% during the 2nd quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock valued at $4,084,000 after acquiring an additional 42,256 shares during the last quarter. Rock Creek Group LP raised its position in shares of Taiwan Fund by 1,061.6% during the 3rd quarter. Rock Creek Group LP now owns 66,210 shares of the company’s stock valued at $3,585,000 after acquiring an additional 60,510 shares during the last quarter. Evolve Private Wealth LLC bought a new stake in shares of Taiwan Fund during the 4th quarter valued at $915,000. Finally, Quantedge Capital Pte Ltd raised its position in shares of Taiwan Fund by 7.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock valued at $949,000 after acquiring an additional 1,000 shares during the last quarter.

About Taiwan Fund

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.