null (NYSE:AEF) major shareholder City Of London Investment Grou acquired 46,455 shares of the company’s stock in a transaction that occurred on Friday, June 1st. The stock was purchased at an average cost of $8.65 per share, for a total transaction of $401,835.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of NYSE:AEF opened at $6.68 on Wednesday. null has a 52-week low of $6.13 and a 52-week high of $9.64.
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Aberdeen Emerging Markets Equity Income Fund, Inc is a closed ended balanced mutual fund and managed by Aberdeen Asset Managers Limited. It invests in the public equity and fixed income markets of Chile. The fund seeks to invest in securities of companies operating across diversified sectors. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio.
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