Allspring Global Investments Holdings LLC Sells 17,603 Shares of Taiwan Fund, Inc. (The) $TWN

Allspring Global Investments Holdings LLC lowered its position in Taiwan Fund, Inc. (The) (NYSE:TWN) by 3.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 493,772 shares of the company’s stock after selling 17,603 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.09% of Taiwan Fund worth $32,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. lifted its stake in Taiwan Fund by 40.8% in the second quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after purchasing an additional 309 shares during the last quarter. Evolve Private Wealth LLC bought a new position in shares of Taiwan Fund during the fourth quarter valued at about $915,000. Karpus Management Inc. grew its stake in shares of Taiwan Fund by 86.4% during the second quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock valued at $4,084,000 after buying an additional 42,256 shares during the last quarter. Finally, Lazard Asset Management LLC increased its holdings in shares of Taiwan Fund by 3.8% in the fourth quarter. Lazard Asset Management LLC now owns 1,123,030 shares of the company’s stock worth $59,947,000 after buying an additional 41,221 shares during the period.

Taiwan Fund Trading Up 0.5%

TWN opened at $86.63 on Monday. Taiwan Fund, Inc. has a 12 month low of $45.03 and a 12 month high of $105.09. The business’s 50-day moving average price is $95.11 and its 200-day moving average price is $76.13.

Taiwan Fund Profile

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.