Tekla Healthcare Opportunities Fund (NYSE:THQ) Announces Monthly Dividend of $0.11

Tekla Healthcare Opportunities Fund (NYSE:THQ) announced a monthly dividend on Monday, September 11th, Wall Street Journal reports. Investors of record on Thursday, September 21st will be paid a dividend of 0.1125 per share on Friday, September 29th. This represents a $1.35 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend is Wednesday, September 20th.

Tekla Healthcare Opportunities Fund Stock Down 0.7 %

Shares of THQ opened at $17.84 on Tuesday. Tekla Healthcare Opportunities Fund has a 52 week low of $17.75 and a 52 week high of $21.02. The company’s 50 day moving average price is $18.79 and its 200 day moving average price is $18.75.

Hedge Funds Weigh In On Tekla Healthcare Opportunities Fund

Hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. grew its stake in Tekla Healthcare Opportunities Fund by 28.5% in the first quarter. Advisors Asset Management Inc. now owns 22,549 shares of the company’s stock valued at $423,000 after purchasing an additional 4,999 shares in the last quarter. Walleye Capital LLC bought a new stake in shares of Tekla Healthcare Opportunities Fund in the 1st quarter valued at approximately $379,000. Nations Financial Group Inc. IA ADV increased its holdings in Tekla Healthcare Opportunities Fund by 10.6% in the first quarter. Nations Financial Group Inc. IA ADV now owns 16,685 shares of the company’s stock worth $371,000 after buying an additional 1,600 shares during the last quarter. Guggenheim Capital LLC bought a new position in Tekla Healthcare Opportunities Fund during the first quarter valued at approximately $324,000. Finally, Susquehanna International Group LLP acquired a new stake in Tekla Healthcare Opportunities Fund in the first quarter valued at approximately $320,000.

Tekla Healthcare Opportunities Fund Company Profile

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.