Aberdeen Chile Fund, Inc. (NYSEAMERICAN:CH) major shareholder Bulldog Investors, Llc sold 2,590 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $7.85, for a total transaction of $20,331.50. The transaction was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Bulldog Investors, Llc also recently made the following trade(s):

  • On Wednesday, November 8th, Bulldog Investors, Llc sold 2,300 shares of Aberdeen Chile Fund stock. The stock was sold at an average price of $8.86, for a total transaction of $20,378.00.
  • On Friday, October 6th, Bulldog Investors, Llc sold 27,181 shares of Aberdeen Chile Fund stock. The stock was sold at an average price of $8.99, for a total transaction of $244,357.19.

Shares of Aberdeen Chile Fund, Inc. (NYSEAMERICAN CH) traded up $0.04 during trading on Thursday, hitting $7.74. 6,551 shares of the stock were exchanged, compared to its average volume of 32,328. Aberdeen Chile Fund, Inc. has a fifty-two week low of $5.89 and a fifty-two week high of $9.10.

Several institutional investors have recently made changes to their positions in the company. Karpus Management Inc. acquired a new position in shares of Aberdeen Chile Fund in the 3rd quarter valued at $462,000. Sii Investments Inc. WI acquired a new position in shares of Aberdeen Chile Fund in the 3rd quarter valued at $129,000. Wells Fargo & Company MN increased its holdings in shares of Aberdeen Chile Fund by 105.7% in the 3rd quarter. Wells Fargo & Company MN now owns 85,054 shares of the company’s stock valued at $714,000 after acquiring an additional 43,709 shares during the period. Icon Advisers Inc. Co. acquired a new position in shares of Aberdeen Chile Fund in the 3rd quarter valued at $236,000. Finally, City of London Investment Management Co. Ltd. increased its holdings in shares of Aberdeen Chile Fund by 123.4% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 367,229 shares of the company’s stock valued at $2,602,000 after acquiring an additional 202,847 shares during the period.

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Aberdeen Chile Fund Company Profile

Aberdeen Chile Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek total return, consisting of capital appreciation and income, by investing primarily in Chilean securities. The Fund invests in a range of sectors, including financials, consumer staples, utilities, consumer discretionary, materials, energy, information technology, telecommunication services, healthcare, real estate and industrials.

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