Tiedemann Advisors LLC Purchases Shares of 10,000 Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX)

Tiedemann Advisors LLC purchased a new stake in shares of Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) during the third quarter, HoldingsChannel reports. The fund purchased 10,000 shares of the investment management company’s stock, valued at approximately $41,000.

Other large investors have also bought and sold shares of the company. Integrated Capital Management Inc. increased its stake in Aberdeen Asia-Pacific Income Fund by 22.2% during the 3rd quarter. Integrated Capital Management Inc. now owns 14,743 shares of the investment management company’s stock valued at $61,000 after buying an additional 2,677 shares during the period. Smith Moore & CO. grew its position in Aberdeen Asia-Pacific Income Fund by 4.3% in the second quarter. Smith Moore & CO. now owns 73,512 shares of the investment management company’s stock worth $307,000 after acquiring an additional 3,000 shares in the last quarter. D.A. Davidson & CO. grew its position in Aberdeen Asia-Pacific Income Fund by 16.4% in the second quarter. D.A. Davidson & CO. now owns 26,050 shares of the investment management company’s stock worth $109,000 after acquiring an additional 3,675 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Aberdeen Asia-Pacific Income Fund by 0.6% in the second quarter. Commonwealth Equity Services LLC now owns 696,830 shares of the investment management company’s stock worth $2,912,000 after acquiring an additional 4,493 shares in the last quarter. Finally, First Allied Advisory Services Inc. grew its position in Aberdeen Asia-Pacific Income Fund by 24.8% in the second quarter. First Allied Advisory Services Inc. now owns 32,465 shares of the investment management company’s stock worth $136,000 after acquiring an additional 6,458 shares in the last quarter.

FAX traded up $0.01 on Friday, hitting $4.27. The company had a trading volume of 5,794 shares, compared to its average volume of 738,639. Aberdeen Asia-Pacific Income Fund, Inc. has a 12-month low of $3.82 and a 12-month high of $4.31.

Aberdeen Asia-Pacific Income Fund Profile

Aberdeen Asia-Pacific Income Fund, Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.

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Institutional Ownership by Quarter for Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN:FAX)

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