Barry Investment Advisors LLC Invests $132,000 in Aberdeen Asia-Pacific Income Fund, Inc. (FAX)

Barry Investment Advisors LLC acquired a new stake in shares of Aberdeen Asia-Pacific Income Fund, Inc. (NYSE:FAX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 25,673 shares of the investment management company’s stock, valued at approximately $132,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Granite Investment Advisors LLC boosted its holdings in shares of Aberdeen Asia-Pacific Income Fund by 95.2% during the 3rd quarter. Granite Investment Advisors LLC now owns 43,427 shares of the investment management company’s stock valued at $224,000 after acquiring an additional 21,182 shares in the last quarter. WFG Advisors LP boosted its holdings in shares of Aberdeen Asia-Pacific Income Fund by 24.1% during the 2nd quarter. WFG Advisors LP now owns 75,184 shares of the investment management company’s stock valued at $376,000 after acquiring an additional 14,594 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of Aberdeen Asia-Pacific Income Fund by 8.3% during the 2nd quarter. Advisory Services Network LLC now owns 281,149 shares of the investment management company’s stock valued at $1,406,000 after acquiring an additional 21,536 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Aberdeen Asia-Pacific Income Fund by 52.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 74,461 shares of the investment management company’s stock valued at $372,000 after acquiring an additional 25,564 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Aberdeen Asia-Pacific Income Fund by 7.3% during the 2nd quarter. Royal Bank of Canada now owns 1,946,200 shares of the investment management company’s stock valued at $9,731,000 after acquiring an additional 131,952 shares in the last quarter.

The company also recently announced a monthly dividend, which was paid on Friday, October 27th. Investors of record on Friday, October 20th were paid a $0.035 dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $0.42 dividend on an annualized basis and a yield of 8.32%.

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In other news, major shareholder Voya Financial, Inc. bought 24,000,000 shares of Aberdeen Asia-Pacific Income Fund stock in a transaction that occurred on Thursday, August 10th. The shares were acquired at an average price of $24,000,000.00 per share, with a total value of $576,000,000,000,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Aberdeen Asia-Pacific Income Fund Company Profile

Aberdeen Asia-Pacific Income Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. To achieve its investment objectives, the Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in Asian debt securities, Australian debt securities and New Zealand debt securities.

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

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