Bessemer Group Inc. Buys New Holdings in Tekla Healthcare Investors (HQH)

Bessemer Group Inc. bought a new position in shares of Tekla Healthcare Investors (NYSE:HQH) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,713 shares of the financial services provider’s stock, valued at approximately $121,000.

A number of other institutional investors have also made changes to their positions in the business. Oppenheimer & Co. Inc. lifted its holdings in shares of Tekla Healthcare Investors by 2.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 47,441 shares of the financial services provider’s stock valued at $852,000 after purchasing an additional 1,343 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in Tekla Healthcare Investors by 1,103.5% in the 4th quarter. Flagship Harbor Advisors LLC now owns 1,709 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 1,567 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Tekla Healthcare Investors by 9.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 20,277 shares of the financial services provider’s stock worth $363,000 after acquiring an additional 1,711 shares in the last quarter. Lindbrook Capital LLC purchased a new stake in shares of Tekla Healthcare Investors during the 4th quarter worth $35,000. Finally, Wedbush Securities Inc. lifted its position in shares of Tekla Healthcare Investors by 10.9% during the 4th quarter. Wedbush Securities Inc. now owns 21,321 shares of the financial services provider’s stock worth $383,000 after purchasing an additional 2,091 shares during the last quarter. 20.70% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:HQH traded down $0.09 on Monday, reaching $20.13. The company’s stock had a trading volume of 143,135 shares, compared to its average volume of 138,256. Tekla Healthcare Investors has a 52-week low of $16.50 and a 52-week high of $23.37.

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 28th were given a dividend of $0.41 per share. The ex-dividend date was Wednesday, February 27th. This represents a $1.64 annualized dividend and a yield of 8.15%.

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Tekla Healthcare Investors Profile

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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