China Fund Inc (CHN) Major Shareholder City Of London Investment Grou Purchases 11,637 Shares

China Fund Inc (NYSE:CHN) major shareholder City Of London Investment Grou purchased 11,637 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was acquired at an average price of $23.83 per share, with a total value of $277,309.71. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Monday, January 22nd, City Of London Investment Grou purchased 5,370 shares of China Fund stock. The stock was acquired at an average price of $23.65 per share, with a total value of $127,000.50.
  • On Thursday, January 18th, City Of London Investment Grou purchased 1,091 shares of China Fund stock. The stock was acquired at an average price of $23.30 per share, with a total value of $25,420.30.
  • On Tuesday, January 16th, City Of London Investment Grou purchased 13,008 shares of China Fund stock. The stock was acquired at an average price of $23.06 per share, with a total value of $299,964.48.
  • On Friday, January 12th, City Of London Investment Grou purchased 4,225 shares of China Fund stock. The stock was acquired at an average price of $22.85 per share, with a total value of $96,541.25.
  • On Tuesday, January 9th, City Of London Investment Grou purchased 1,900 shares of China Fund stock. The stock was acquired at an average price of $22.46 per share, with a total value of $42,674.00.
  • On Friday, December 29th, City Of London Investment Grou purchased 12,733 shares of China Fund stock. The stock was acquired at an average price of $21.53 per share, with a total value of $274,141.49.
  • On Wednesday, December 27th, City Of London Investment Grou purchased 8,512 shares of China Fund stock. The stock was acquired at an average price of $21.12 per share, with a total value of $179,773.44.
  • On Thursday, December 21st, City Of London Investment Grou purchased 6,622 shares of China Fund stock. The stock was acquired at an average price of $21.01 per share, with a total value of $139,128.22.
  • On Monday, December 18th, City Of London Investment Grou acquired 12,794 shares of China Fund stock. The stock was purchased at an average price of $20.86 per share, with a total value of $266,882.84.
  • On Monday, December 11th, City Of London Investment Grou acquired 2,152 shares of China Fund stock. The stock was purchased at an average price of $21.46 per share, with a total value of $46,181.92.

Shares of China Fund Inc (NYSE:CHN) traded down $0.54 during trading hours on Friday, hitting $23.23. The stock had a trading volume of 23,069 shares, compared to its average volume of 21,733. China Fund Inc has a 1 year low of $15.66 and a 1 year high of $24.76. The stock has a market capitalization of $377.34, a PE ratio of 4.75 and a beta of 0.95.

The company also recently disclosed an annual dividend, which was paid on Thursday, January 4th. Stockholders of record on Tuesday, December 19th were paid a $0.549 dividend. This represents a dividend yield of 2.56%. The ex-dividend date of this dividend was Monday, December 18th.

Several large investors have recently made changes to their positions in CHN. Royal Bank of Canada raised its stake in shares of China Fund by 281.6% in the second quarter. Royal Bank of Canada now owns 9,300 shares of the investment management company’s stock worth $174,000 after purchasing an additional 6,863 shares during the last quarter. City of London Investment Management Co. Ltd. raised its stake in shares of China Fund by 0.3% in the third quarter. City of London Investment Management Co. Ltd. now owns 3,919,903 shares of the investment management company’s stock worth $80,044,000 after purchasing an additional 10,000 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of China Fund by 4.3% in the third quarter. Wells Fargo & Company MN now owns 1,052,033 shares of the investment management company’s stock worth $21,409,000 after purchasing an additional 43,169 shares during the last quarter. Finally, Karpus Management Inc. raised its stake in shares of China Fund by 8.6% in the third quarter. Karpus Management Inc. now owns 270,174 shares of the investment management company’s stock worth $5,498,000 after purchasing an additional 21,421 shares during the last quarter.

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China Fund Company Profile

The China Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of companies for which the principal securities trading market is the People’s Republic of China (China); of companies for which the principal securities trading market is outside of China, or constituting direct equity investments in companies organized outside of China, that in both cases derive over 50% of their revenues from goods and services sold or produced, or have approximately 50% of their assets, in China, and constituting direct equity investments in companies organized in China.

Insider Buying and Selling by Quarter for China Fund (NYSE:CHN)

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