The Swiss Helvetia Fund Inc. (NYSE:SWZ - Get Free Report) declared a quarterly dividend on Friday, March 7th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.1458 per share by the closed-end fund on Monday, March 31st. This represents a $0.58 annualized dividend and a dividend yield of 6.53%. The ex-dividend date of this dividend is Tuesday, March 18th.
The Swiss Helvetia Fund Price Performance
Shares of NYSE SWZ traded up $0.02 during mid-day trading on Thursday, reaching $8.94. The company's stock had a trading volume of 4,314 shares, compared to its average volume of 26,989. The stock has a 50-day moving average of $8.73 and a two-hundred day moving average of $8.41. The Swiss Helvetia Fund has a 1-year low of $7.49 and a 1-year high of $9.19.
Institutional Trading of The Swiss Helvetia Fund
A hedge fund recently raised its stake in The Swiss Helvetia Fund stock. Bank of America Corp DE grew its stake in The Swiss Helvetia Fund Inc. (NYSE:SWZ - Free Report) by 375.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,672 shares of the closed-end fund's stock after purchasing an additional 10,795 shares during the period. Bank of America Corp DE owned approximately 0.11% of The Swiss Helvetia Fund worth $102,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 41.12% of the stock is owned by institutional investors and hedge funds.
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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