Bank of America Corp DE Sells 21,028 Shares of Tekla Healthcare Investors (HQH)

Bank of America Corp DE cut its position in shares of Tekla Healthcare Investors (NYSE:HQH) by 13.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 133,771 shares of the financial services provider’s stock after selling 21,028 shares during the quarter. Bank of America Corp DE owned approximately 0.32% of Tekla Healthcare Investors worth $2,876,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Oppenheimer & Co. Inc. grew its holdings in shares of Tekla Healthcare Investors by 5.9% during the second quarter. Oppenheimer & Co. Inc. now owns 47,171 shares of the financial services provider’s stock worth $1,014,000 after buying an additional 2,626 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Tekla Healthcare Investors by 3.2% in the second quarter. Janney Montgomery Scott LLC now owns 134,635 shares of the financial services provider’s stock worth $2,895,000 after acquiring an additional 4,112 shares during the last quarter. LPL Financial LLC boosted its position in shares of Tekla Healthcare Investors by 28.2% in the first quarter. LPL Financial LLC now owns 47,560 shares of the financial services provider’s stock worth $1,024,000 after acquiring an additional 10,457 shares during the last quarter. Stephens Inc. AR acquired a new stake in shares of Tekla Healthcare Investors in the second quarter worth approximately $236,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of Tekla Healthcare Investors by 8.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 190,629 shares of the financial services provider’s stock worth $4,099,000 after acquiring an additional 15,065 shares during the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

HQH opened at $21.07 on Tuesday. Tekla Healthcare Investors has a 1 year low of $19.67 and a 1 year high of $24.86.

In related news, President Daniel R. Omstead bought 3,882 shares of the firm’s stock in a transaction that occurred on Wednesday, October 17th. The shares were acquired at an average cost of $21.78 per share, with a total value of $84,549.96. Following the completion of the transaction, the president now owns 73,606 shares of the company’s stock, valued at $1,603,138.68. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Daniel R. Omstead bought 5,500 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the president now directly owns 79,106 shares of the company’s stock, valued at approximately $1,616,135.58. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by company insiders.

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About Tekla Healthcare Investors

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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