Tekla Healthcare Investors (NYSE:HQH) Stock Position Reduced by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. cut its stake in shares of Tekla Healthcare Investors (NYSE:HQH) by 9.2% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,165 shares of the financial services provider’s stock after selling 4,698 shares during the period. Oppenheimer & Co. Inc. owned about 0.11% of Tekla Healthcare Investors worth $847,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Lindbrook Capital LLC grew its position in Tekla Healthcare Investors by 25.0% during the third quarter. Lindbrook Capital LLC now owns 5,000 shares of the financial services provider’s stock valued at $92,000 after purchasing an additional 1,000 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Tekla Healthcare Investors by 4.5% during the third quarter. Commonwealth Equity Services LLC now owns 53,558 shares of the financial services provider’s stock valued at $982,000 after purchasing an additional 2,311 shares in the last quarter. Shaker Financial Services LLC grew its position in Tekla Healthcare Investors by 119.3% during the third quarter. Shaker Financial Services LLC now owns 45,029 shares of the financial services provider’s stock valued at $826,000 after purchasing an additional 24,500 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in Tekla Healthcare Investors during the third quarter valued at approximately $56,000. Finally, Steward Partners Investment Advisory LLC grew its position in Tekla Healthcare Investors by 36.4% during the third quarter. Steward Partners Investment Advisory LLC now owns 26,804 shares of the financial services provider’s stock valued at $491,000 after purchasing an additional 7,148 shares in the last quarter. 20.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of HQH opened at $19.89 on Friday. The company’s 50 day moving average price is $18.76 and its 200 day moving average price is $19.30. Tekla Healthcare Investors has a 52 week low of $16.50 and a 52 week high of $21.54.

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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