abrdn Global Premier Properties Fund (NYSE:AWP) Share Price Passes Above 50-Day Moving Average of $5.06

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abrdn Global Premier Properties Fund (NYSE:AWPGet Rating) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.06 and traded as high as $5.08. abrdn Global Premier Properties Fund shares last traded at $5.01, with a volume of 201,232 shares.

abrdn Global Premier Properties Fund Stock Down 0.2 %

The business has a 50 day moving average price of $5.06 and a 200 day moving average price of $5.75.

abrdn Global Premier Properties Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 29th. Investors of record on Friday, July 22nd will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, July 21st. This represents a $0.48 annualized dividend and a dividend yield of 9.58%.

Institutional Investors Weigh In On abrdn Global Premier Properties Fund

Several institutional investors have recently modified their holdings of the business. U.S. Capital Wealth Advisors LLC bought a new position in abrdn Global Premier Properties Fund in the first quarter valued at about $65,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in abrdn Global Premier Properties Fund in the first quarter valued at about $66,000. C2C Wealth Management LLC bought a new position in shares of abrdn Global Premier Properties Fund in the fourth quarter worth about $70,000. Raymond James Trust N.A. bought a new stake in abrdn Global Premier Properties Fund during the 1st quarter valued at approximately $66,000. Finally, First Republic Investment Management Inc. bought a new stake in abrdn Global Premier Properties Fund during the 4th quarter valued at approximately $73,000.

abrdn Global Premier Properties Fund Company Profile

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Abrdn Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies.

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