NINE MASTS CAPITAL Ltd acquired a new position in shares of Tekla Healthcare Investors (NYSE:HQH) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,100 shares of the financial services provider’s stock, valued at approximately $95,000.

A number of other large investors also recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Tekla Healthcare Investors by 8.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 190,629 shares of the financial services provider’s stock valued at $4,099,000 after purchasing an additional 15,065 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Tekla Healthcare Investors by 38.0% in the 2nd quarter. First Trust Advisors LP now owns 116,468 shares of the financial services provider’s stock valued at $2,504,000 after purchasing an additional 32,069 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of Tekla Healthcare Investors in the 2nd quarter valued at $462,000. Oppenheimer & Co. Inc. boosted its holdings in shares of Tekla Healthcare Investors by 5.9% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 47,171 shares of the financial services provider’s stock valued at $1,014,000 after purchasing an additional 2,626 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. boosted its holdings in shares of Tekla Healthcare Investors by 37.2% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 655,666 shares of the financial services provider’s stock valued at $14,090,000 after purchasing an additional 177,750 shares in the last quarter. Institutional investors own 20.54% of the company’s stock.

In other news, President Daniel R. Omstead purchased 5,500 shares of the company’s stock in a transaction dated Thursday, October 25th. The stock was bought at an average cost of $20.43 per share, for a total transaction of $112,365.00. Following the purchase, the president now owns 79,106 shares of the company’s stock, valued at $1,616,135.58. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, President Daniel R. Omstead purchased 3,882 shares of the company’s stock in a transaction dated Wednesday, October 17th. The stock was purchased at an average price of $21.78 per share, with a total value of $84,549.96. Following the completion of the purchase, the president now directly owns 73,606 shares in the company, valued at approximately $1,603,138.68. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by corporate insiders.

Shares of HQH stock opened at $20.19 on Friday. Tekla Healthcare Investors has a fifty-two week low of $19.67 and a fifty-two week high of $24.86.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Stockholders of record on Wednesday, November 28th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 10.10%. This is a boost from Tekla Healthcare Investors’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Tuesday, November 27th.

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Tekla Healthcare Investors Company Profile

Tekla Healthcare Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.

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Institutional Ownership by Quarter for Tekla Healthcare Investors (NYSE:HQH)

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