Public Employees Retirement System of Ohio Takes $10.39 Million Position in Taiwan Fund, Inc. (The) $TWN

Public Employees Retirement System of Ohio bought a new position in shares of Taiwan Fund, Inc. (The) (NYSE:TWN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 108,047 shares of the company’s stock, valued at approximately $10,391,000. Public Employees Retirement System of Ohio owned 1.87% of Taiwan Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TWN. Lazard Asset Management LLC raised its stake in 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. increased its holdings in shares of Taiwan Fund by 86.4% in the second quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock valued at $4,084,000 after purchasing an additional 42,256 shares during the period. Evolve Private Wealth LLC acquired a new position in shares of Taiwan Fund in the fourth quarter valued at approximately $915,000. Quantedge Capital Pte Ltd raised its stake in shares of Taiwan Fund by 7.4% during the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Hudson Portfolio Management LLC purchased a new stake in shares of Taiwan Fund during the second quarter worth approximately $625,000.

Taiwan Fund Stock Down 0.1%

Shares of NYSE TWN opened at $102.22 on Tuesday. The stock has a fifty day moving average price of $92.58 and a 200 day moving average price of $83.93. Taiwan Fund, Inc. has a 1-year low of $49.56 and a 1-year high of $105.09.

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.