Bank of America Corp DE Has $3.43 Million Stock Holdings in Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX)

Noble Horvath

Bank of America Corp DE lifted its stake in Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) by 1.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 901,202 shares of the investment management company’s stock after acquiring an additional 15,465 shares […]

Bank of America Corp DE lifted its stake in Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) by 1.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 901,202 shares of the investment management company’s stock after acquiring an additional 15,465 shares during the quarter. Bank of America Corp DE owned approximately 0.36% of Aberdeen Asia-Pacific Income Fund worth $3,433,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of FAX. Moors & Cabot Inc. acquired a new position in Aberdeen Asia-Pacific Income Fund during the first quarter worth $152,000. Franklin Resources Inc. bought a new stake in Aberdeen Asia-Pacific Income Fund during the first quarter valued at about $120,000. Proequities Inc. bought a new stake in Aberdeen Asia-Pacific Income Fund during the first quarter valued at about $29,000. Almitas Capital LLC bought a new stake in Aberdeen Asia-Pacific Income Fund during the first quarter valued at about $98,000. Finally, Wells Fargo & Company MN boosted its holdings in Aberdeen Asia-Pacific Income Fund by 17.4% during the first quarter. Wells Fargo & Company MN now owns 7,234,349 shares of the investment management company’s stock valued at $24,452,000 after acquiring an additional 1,074,604 shares during the period.

NYSEAMERICAN FAX opened at $3.97 on Friday. Aberdeen Asia-Pacific Income Fund, Inc. has a twelve month low of $2.60 and a twelve month high of $4.49.

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were paid a $0.0275 dividend. This represents a $0.33 annualized dividend and a dividend yield of 8.31%. The ex-dividend date was Friday, September 18th.

Aberdeen Asia-Pacific Income Fund Company Profile

Aberdeen Asia-Pacific Income Fund, Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.

Featured Story: What is the role of the G-20?

Institutional Ownership by Quarter for Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN:FAX)

Receive News & Ratings for Aberdeen Asia-Pacific Income Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Aberdeen Asia-Pacific Income Fund and related companies with MarketBeat.com’s FREE daily email newsletter.

Next Post

Aviation Outsider Builds Supersonic Jet for Transatlantic Flight

(Bloomberg Businessweek) — Blake Scholl just kept turning up. For months he would rent a plane in Silicon Valley, fly himself to California’s Mojave Air and Space Port, and get a table at the Voyager restaurant, a well-known hangout for modern-day aviation mavens. Load Error Scholl would sit for hours, […]