Thrivent Financial For Lutherans held its position in Aberdeen Asia-Pacific Income Fund, Inc. (NYSE:FAX) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 392,617 shares of the investment management company’s stock at the close of the second quarter. Thrivent Financial For Lutherans owned 0.16% of Aberdeen Asia-Pacific Income Fund worth $1,963,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FAX. Bronfman E.L. Rothschild L.P. raised its holdings in Aberdeen Asia-Pacific Income Fund by 1,440.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 20,105 shares of the investment management company’s stock worth $101,000 after purchasing an additional 18,800 shares during the period. Brookstone Capital Management raised its holdings in Aberdeen Asia-Pacific Income Fund by 4.4% in the 2nd quarter. Brookstone Capital Management now owns 23,750 shares of the investment management company’s stock worth $119,000 after purchasing an additional 1,000 shares during the period. Benchmark Capital Advisors raised its holdings in Aberdeen Asia-Pacific Income Fund by 7.7% in the 2nd quarter. Benchmark Capital Advisors now owns 33,500 shares of the investment management company’s stock worth $167,000 after purchasing an additional 2,400 shares during the period. Synovus Financial Corp raised its holdings in Aberdeen Asia-Pacific Income Fund by 1.8% in the 2nd quarter. Synovus Financial Corp now owns 34,764 shares of the investment management company’s stock worth $173,000 after purchasing an additional 612 shares during the period. Finally, BB&T Securities LLC raised its holdings in Aberdeen Asia-Pacific Income Fund by 5.3% in the 2nd quarter. BB&T Securities LLC now owns 39,837 shares of the investment management company’s stock worth $199,000 after purchasing an additional 2,000 shares during the period.

Aberdeen Asia-Pacific Income Fund, Inc. (NYSE:FAX) opened at 5.16 on Friday. Aberdeen Asia-Pacific Income Fund, Inc. has a 12-month low of $4.56 and a 12-month high of $5.29. The company has a 50-day moving average price of $5.16 and a 200-day moving average price of $5.04.

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 22nd were issued a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date was Thursday, September 21st.

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In other Aberdeen Asia-Pacific Income Fund news, major shareholder Voya Financial, Inc. acquired 24,000,000 shares of the stock in a transaction on Thursday, August 10th. The shares were bought at an average price of $24,000,000.00 per share, with a total value of $576,000,000,000,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Aberdeen Asia-Pacific Income Fund Profile

Aberdeen Asia-Pacific Income Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. To achieve its investment objectives, the Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in Asian debt securities, Australian debt securities and New Zealand debt securities.

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

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