Advisors Asset Management Inc. increased its stake in shares of Tekla Healthcare Investors (NYSE:HQH) by 117.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 68,172 shares of the financial services provider’s stock after purchasing an additional 36,840 shares during the period. Advisors Asset Management Inc. owned approximately 0.16% of Tekla Healthcare Investors worth $1,466,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Stephens Inc. AR acquired a new stake in Tekla Healthcare Investors during the 2nd quarter worth approximately $236,000. Sunbelt Securities Inc. acquired a new stake in shares of Tekla Healthcare Investors in the 2nd quarter valued at $462,000. Stifel Financial Corp raised its holdings in shares of Tekla Healthcare Investors by 108.3% in the 1st quarter. Stifel Financial Corp now owns 22,327 shares of the financial services provider’s stock valued at $474,000 after purchasing an additional 11,606 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Tekla Healthcare Investors by 5.9% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 47,171 shares of the financial services provider’s stock valued at $1,014,000 after purchasing an additional 2,626 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Tekla Healthcare Investors by 28.2% in the 1st quarter. LPL Financial LLC now owns 47,560 shares of the financial services provider’s stock valued at $1,024,000 after purchasing an additional 10,457 shares in the last quarter. 19.89% of the stock is owned by hedge funds and other institutional investors.
In other news, President Daniel R. Omstead acquired 3,882 shares of Tekla Healthcare Investors stock in a transaction dated Wednesday, October 17th. The shares were acquired at an average cost of $21.78 per share, for a total transaction of $84,549.96. Following the acquisition, the president now owns 73,606 shares of the company’s stock, valued at $1,603,138.68. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, President Daniel R. Omstead acquired 5,500 shares of Tekla Healthcare Investors stock in a transaction dated Thursday, October 25th. The stock was purchased at an average price of $20.43 per share, for a total transaction of $112,365.00. Following the completion of the acquisition, the president now directly owns 79,106 shares in the company, valued at approximately $1,616,135.58. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by company insiders.
Shares of HQH opened at $20.60 on Thursday. Tekla Healthcare Investors has a twelve month low of $19.67 and a twelve month high of $24.86.
Tekla Healthcare Investors Company Profile
Tekla Healthcare Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.
Featured Story: Cash Flow Analysis in Stock Selection
Receive News & Ratings for Tekla Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tekla Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.