Sanctuary Advisors LLC acquired a new position in The Swiss Helvetia Fund Inc. (NYSE:SWZ - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 89,631 shares of the closed-end fund's stock, valued at approximately $678,000. Sanctuary Advisors LLC owned about 0.69% of The Swiss Helvetia Fund at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. Logan Stone Capital LLC acquired a new position in shares of The Swiss Helvetia Fund during the 2nd quarter worth about $163,000. Shaker Financial Services LLC boosted its position in shares of The Swiss Helvetia Fund by 10.8% in the second quarter. Shaker Financial Services LLC now owns 323,974 shares of the closed-end fund's stock valued at $2,614,000 after acquiring an additional 31,596 shares during the period. Wolverine Asset Management LLC increased its position in The Swiss Helvetia Fund by 55.2% during 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 during the period. Allspring Global Investments Holdings LLC raised its stake in 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 valued at $17,546,000 after purchasing an additional 148,310 shares during the last quarter. Finally, Karpus Management Inc. boosted its holdings in 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 valued at $1,774,000 after purchasing an additional 40,825 shares during the period. 41.12% of the stock is owned by institutional investors.
The Swiss Helvetia Fund Stock Performance
Shares of NYSE:SWZ traded up $0.01 on Monday, hitting $8.76. 31,447 shares of the company were exchanged, compared to its average volume of 17,336. The company's 50 day moving average price is $8.77 and its two-hundred day moving average price is $8.28. The Swiss Helvetia Fund Inc. has a one year low of $7.12 and a one year high of $9.14.
The Swiss Helvetia Fund Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 19th were paid a dividend of $0.129 per share. The ex-dividend date was Thursday, September 19th. This represents a $0.52 annualized dividend and a yield of 5.89%.
About The Swiss Helvetia Fund
(
Free Report)
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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