Oppenheimer & Co. Inc. Has $2.80 Million Stake in Abrdn Healthcare Investors (NYSE:HQH)

Posted by Jared Coughlin on Mar 3rd, 2025

Oppenheimer & Co. Inc. increased its holdings in shares of Abrdn Healthcare Investors (NYSE:HQH – Free Report) by 94.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,268 shares of the financial services provider’s stock after buying an additional 84,731 shares during the period. Oppenheimer & Co. Inc.’s holdings in Abrdn Healthcare Investors were worth $2,797,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of Abrdn Healthcare Investors during the third quarter worth approximately $46,000. FNY Investment Advisers LLC bought a new stake in shares of Abrdn Healthcare Investors during the fourth quarter worth approximately $48,000. TD Private Client Wealth LLC bought a new stake in shares of Abrdn Healthcare Investors during the third quarter worth approximately $66,000. Stratos Wealth Partners LTD. bought a new stake in shares of Abrdn Healthcare Investors during the fourth quarter worth approximately $187,000. Finally, Stifel Financial Corp bought a new stake in shares of Abrdn Healthcare Investors during the third quarter worth approximately $188,000. 32.60% of the stock is owned by institutional investors.

Abrdn Healthcare Investors Price Performance

HQH opened at $17.19 on Monday. The firm has a 50 day simple moving average of $17.25 and a 200 day simple moving average of $17.90. Abrdn Healthcare Investors has a fifty-two week low of $15.76 and a fifty-two week high of $19.79.

Abrdn Healthcare Investors Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 21st will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 13.26%. The ex-dividend date of this dividend is Friday, February 21st.

Abrdn Healthcare Investors Profile

(Free Report)

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc 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.