The Swiss Helvetia Fund Inc. (NYSE:SWZ - Get Free Report)'s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $8.79 and traded as low as $8.57. The Swiss Helvetia Fund shares last traded at $8.57, with a volume of 37,352 shares changing hands.
The Swiss Helvetia Fund Price Performance
The company's 50-day moving average is $8.79 and its two-hundred day moving average is $8.32.
The Swiss Helvetia Fund Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 19th were given a $0.129 dividend. The ex-dividend date was Thursday, September 19th. This represents a $0.52 annualized dividend and a yield of 6.06%.
Institutional Trading of The Swiss Helvetia Fund
Several hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in shares of The Swiss Helvetia Fund by 7.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,174,265 shares of the closed-end fund's stock worth $17,546,000 after buying an additional 148,310 shares in the last quarter. Shaker Financial Services LLC grew its stake in shares of The Swiss Helvetia Fund by 10.8% in the 2nd quarter. Shaker Financial Services LLC now owns 323,974 shares of the closed-end fund's stock worth $2,614,000 after purchasing an additional 31,596 shares during the last quarter. Karpus Management Inc. grew its stake in shares of The Swiss Helvetia Fund by 22.3% in the 1st quarter. Karpus Management Inc. now owns 223,655 shares of the closed-end fund's stock worth $1,774,000 after purchasing an additional 40,825 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of The Swiss Helvetia Fund in the 2nd quarter worth approximately $678,000. Finally, Wolverine Asset Management LLC increased its position in shares of The Swiss Helvetia Fund by 55.2% in the second quarter. Wolverine Asset Management LLC now owns 36,192 shares of the closed-end fund's stock worth $292,000 after acquiring an additional 12,874 shares in the last quarter. 41.12% of the stock is currently owned by institutional investors.
About The Swiss Helvetia Fund
(
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The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.
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