Advisory Alpha LLC boosted its position in shares of New Germany Fund Inc. (NYSE:GF) by 146.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,384 shares of the investment management company’s stock after buying an additional 47,833 shares during the quarter. Advisory Alpha LLC owned 0.50% of New Germany Fund worth $1,415,000 at the end of the most recent quarter.
New Germany Fund Inc. (NYSE GF) traded up 1.2151% during trading on Monday, hitting $18.0669. The company had a trading volume of 9,314 shares. New Germany Fund Inc. has a 12-month low of $12.77 and a 12-month high of $18.09. The firm has a 50-day moving average of $17.39 and a 200 day moving average of $16.13.
TRADEMARK VIOLATION NOTICE: “New Germany Fund Inc. (NYSE:GF) Position Raised by Advisory Alpha LLC” was first published by Week Herald and is owned by of Week Herald. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://weekherald.com/2017/09/11/advisory-alpha-llc-has-1-42-million-position-in-new-germany-fund-inc-gf.html.
New Germany Fund Profile
The New Germany Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. The Fund focuses its investments in Germany. The Fund invests in range of sectors, which include commercial services and supplies; construction and engineering; diversified telecommunication services; electrical equipment; electronic equipment, instruments and components; food and staples retailing; food products; healthcare technology; industrial conglomerates; insurance; Internet and direct marketing retail; Internet software and services; life sciences tools and services; machinery; media; metals and mining; pharmaceuticals; real estate management and development; semiconductors and semiconductor equipment; software; thrifts and mortgage finance; transportation infrastructure, and auto components.
Receive News & Ratings for New Germany Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Germany Fund Inc. and related companies with MarketBeat.com's FREE daily email newsletter.