Abrdn Healthcare Opportunities Fund (NYSE:THQ) Plans $0.18 Monthly Dividend

Abrdn Healthcare Opportunities Fund (NYSE:THQ) declared a monthly dividend on Tuesday, June 9th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.18 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date is Tuesday, June 23rd.

Abrdn Healthcare Opportunities Fund Stock Performance

Shares of NYSE THQ opened at $18.55 on Wednesday. The stock’s fifty day simple moving average is $18.06 and its 200 day simple moving average is $18.59. Abrdn Healthcare Opportunities Fund has a 52-week low of $15.14 and a 52-week high of $20.39.

Hedge Funds Weigh In On Abrdn Healthcare Opportunities Fund

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada grew its holdings in shares of Abrdn Healthcare Opportunities Fund by 1.6% in the 1st quarter. Royal Bank of Canada now owns 1,143,764 shares of the company’s stock worth $19,215,000 after acquiring an additional 17,907 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Abrdn Healthcare Opportunities Fund during the first quarter valued at $232,000. Kestra Advisory Services LLC grew its holdings in shares of Abrdn Healthcare Opportunities Fund by 48.7% during the first quarter. Kestra Advisory Services LLC now owns 61,515 shares of the company’s stock valued at $1,033,000 after buying an additional 20,150 shares in the last quarter. Aviance Capital Partners LLC grew its holdings in shares of Abrdn Healthcare Opportunities Fund by 2.3% during the first quarter. Aviance Capital Partners LLC now owns 85,786 shares of the company’s stock valued at $1,441,000 after buying an additional 1,949 shares in the last quarter. Finally, Advisortrust Partners LLC purchased a new position in shares of Abrdn Healthcare Opportunities Fund during the first quarter valued at $282,000.

About Abrdn Healthcare Opportunities Fund

Abrdn Healthcare Opportunities Fund (NYSE: THQ) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund invests primarily in equity and debt securities issued by companies across the healthcare industry, including pharmaceuticals, biotechnology, medical devices, healthcare services and health insurance. It trades on the New York Stock Exchange under the symbol THQ.

With a sector-focused approach, the fund’s portfolio is weighted toward companies demonstrating strong growth potential, resilient cash flows and innovative product pipelines.