The Swiss Helvetia Fund Inc. (NYSE:SWZ) Shares Purchased by Shaker Financial Services LLC

Shaker Financial Services LLC increased its position in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 1.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 327,809 shares of the closed-end fund’s stock after acquiring an additional 3,835 shares during the quarter. Shaker Financial Services LLC’s holdings in The Swiss Helvetia Fund were worth $2,934,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of SWZ. Karpus Management Inc. raised its stake in The Swiss Helvetia Fund by 22.3% during the first 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 period. Allspring Global Investments Holdings LLC raised its stake in The Swiss Helvetia Fund by 7.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,174,265 shares of the closed-end fund’s stock worth $17,546,000 after purchasing an additional 148,310 shares during the period. Wolverine Asset Management LLC raised its stake 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 purchasing an additional 12,874 shares during the period. Logan Stone Capital LLC purchased a new position in shares of The Swiss Helvetia Fund in the 2nd quarter valued at $163,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of The Swiss Helvetia Fund in the 2nd quarter valued at $678,000. Hedge funds and other institutional investors own 41.12% of the company’s stock.

The Swiss Helvetia Fund Price Performance

Shares of SWZ stock opened at $8.04 on Thursday. The company’s fifty day simple moving average is $8.69 and its 200-day simple moving average is $8.36. The Swiss Helvetia Fund Inc. has a 52 week low of $7.32 and a 52 week high of $9.14.

The Swiss Helvetia Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 19th were paid a $0.129 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date of this dividend was Thursday, September 19th.

The Swiss Helvetia Fund Company Profile

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.