The Korea Fund, Inc. (NYSE:KF) Shares Purchased by Mraz Amerine & Associates Inc.

Posted by Trevor Kearing on Feb 18th, 2025

Mraz Amerine & Associates Inc. raised its position in The Korea Fund, Inc. (NYSE:KF – Free Report) by 26.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,111 shares of the company’s stock after purchasing an additional 12,901 shares during the period. Mraz Amerine & Associates Inc. owned 1.29% of The Korea Fund worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new stake in The Korea Fund during the 3rd quarter worth about $6,220,000. Matisse Capital purchased a new stake in The Korea Fund during the fourth quarter worth approximately $291,000. Finally, Wolverine Asset Management LLC boosted its holdings in The Korea Fund by 76.5% in the third quarter. Wolverine Asset Management LLC now owns 31,994 shares of the company’s stock valued at $728,000 after purchasing an additional 13,869 shares in the last quarter. Institutional investors and hedge funds own 69.99% of the company’s stock.

The Korea Fund Stock Performance

Shares of NYSE:KF opened at $20.85 on Tuesday. The firm has a 50 day simple moving average of $19.70 and a 200-day simple moving average of $21.55. The Korea Fund, Inc. has a twelve month low of $18.35 and a twelve month high of $26.30.

The Korea Fund Announces Dividend

The business also recently disclosed a — dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 27th were paid a $0.4542 dividend. The ex-dividend date was Friday, December 27th.

The Korea Fund Profile

(Free Report)

The Korea Fund, Inc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity markets of Korea. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies.