Aberdeen Greater China Fund Inc (GCH) Stake Lessened by Matisse Capital

Matisse Capital lessened its holdings in shares of Aberdeen Greater China Fund Inc (NYSE:GCH) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 312,900 shares of the investment management company’s stock after selling 12,900 shares during the quarter. Aberdeen Greater China Fund comprises approximately 1.8% of Matisse Capital’s portfolio, making the stock its 18th biggest holding. Matisse Capital owned 3.55% of Aberdeen Greater China Fund worth $3,899,000 at the end of the most recent quarter.

Separately, Shaker Financial Services LLC lifted its holdings in shares of Aberdeen Greater China Fund by 50.0% in the third quarter. Shaker Financial Services LLC now owns 19,212 shares of the investment management company’s stock worth $225,000 after buying an additional 6,400 shares in the last quarter. 48.57% of the stock is currently owned by institutional investors.

Shares of Aberdeen Greater China Fund Inc (NYSE GCH) opened at $13.16 on Thursday. Aberdeen Greater China Fund Inc has a fifty-two week low of $9.37 and a fifty-two week high of $14.02.

ILLEGAL ACTIVITY NOTICE: This news story was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international copyright laws. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/02/22/matisse-capital-cuts-position-in-aberdeen-greater-china-fund-inc-gch.html.

Aberdeen Greater China Fund Company Profile

Aberdeen Greater China Fund, Inc is a non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in listed equity securities of companies that are organized under the laws of, and have their principal place of business in, China and/or Hong Kong and/or Taiwan, and during their recent fiscal year derived at least 50% of their revenues or profits from goods produced or sold, investments made or services performed in China and/or Hong Kong and/or Taiwan or have at least 50% of their assets in China and/or Hong Kong and/or Taiwan.

Institutional Ownership by Quarter for Aberdeen Greater China Fund (NYSE:GCH)

Receive News & Ratings for Aberdeen Greater China Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Greater China Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply