Deschutes Portfolio Strategy LLC raised its stake in shares of Latin American (NYSE:LDF) by 1,449.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 157,454 shares of the company’s stock after buying an additional 147,293 shares during the period. Deschutes Portfolio Strategy LLC owned about 2.33% of Latin American worth $1,650,000 as of its most recent SEC filing.

Latin American (NYSE LDF) opened at 11.6592 on Tuesday. The firm has a 50-day moving average price of $11.30 and a 200 day moving average price of $10.74. Latin American has a 52 week low of $8.78 and a 52 week high of $11.72.

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In other news, major shareholder City Of London Investment Grou sold 7,562 shares of the company’s stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $10.52, for a total transaction of $79,552.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Latin American Company Profile

The Latin American Discovery Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Latin American issuers and by investing from time to time in debt securities issued or guaranteed by a Latin American Government or Governmental entity.

Institutional Ownership by Quarter for Latin American (NYSE:LDF)

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