Allspring Global Investments Holdings LLC cut its stake in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ - Free Report) by 8.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,967,302 shares of the closed-end fund's stock after selling 182,501 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 15.14% of The Swiss Helvetia Fund worth $14,735,000 as of its most recent SEC filing.
Separately, Shaker Financial Services LLC boosted its position in shares of The Swiss Helvetia Fund by 1.2% during the 3rd quarter. Shaker Financial Services LLC now owns 327,809 shares of the closed-end fund's stock valued at $2,934,000 after purchasing an additional 3,835 shares in the last quarter. Hedge funds and other institutional investors own 41.12% of the company's stock.
The Swiss Helvetia Fund Stock Up 1.0 %
Shares of The Swiss Helvetia Fund stock traded up $0.09 on Thursday, hitting $8.94. 17,179 shares of the company's stock traded hands, compared to its average volume of 56,642. The Swiss Helvetia Fund Inc. has a one year low of $7.49 and a one year high of $9.14. The company has a fifty day moving average of $8.18 and a two-hundred day moving average of $8.36.
The Swiss Helvetia Fund Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were paid a $0.1458 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $0.58 annualized dividend and a dividend yield of 6.52%. This is a positive change from The Swiss Helvetia Fund's previous quarterly dividend of $0.13.
The Swiss Helvetia Fund Company Profile
(
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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