The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC increased its position in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) by 166.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,474 shares of the investment management company’s stock after buying an additional 20,308 shares during the quarter. International Assets Investment Management LLC owned about 0.45% of The Herzfeld Caribbean Basin Fund worth $730,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Logan Stone Capital LLC raised its position in The Herzfeld Caribbean Basin Fund by 5.6% during the second quarter. Logan Stone Capital LLC now owns 161,429 shares of the investment management company’s stock valued at $379,000 after buying an additional 8,595 shares during the period. Cowen AND Company LLC increased its position in The Herzfeld Caribbean Basin Fund by 5.0% in the 2nd quarter. Cowen AND Company LLC now owns 97,976 shares of the investment management company’s stock worth $230,000 after purchasing an additional 4,708 shares during the last quarter. Choreo LLC acquired a new position in The Herzfeld Caribbean Basin Fund in the 2nd quarter worth about $83,000. Blue Bell Private Wealth Management LLC increased its position in The Herzfeld Caribbean Basin Fund by 72.6% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 239,046 shares of the investment management company’s stock worth $562,000 after purchasing an additional 100,581 shares during the last quarter. Finally, Matisse Capital increased its position in The Herzfeld Caribbean Basin Fund by 18.5% in the 2nd quarter. Matisse Capital now owns 986,548 shares of the investment management company’s stock worth $2,318,000 after purchasing an additional 153,754 shares during the last quarter. Institutional investors and hedge funds own 15.74% of the company’s stock.

The Herzfeld Caribbean Basin Fund Stock Up 0.3 %

Shares of CUBA stock opened at $2.42 on Wednesday. The Herzfeld Caribbean Basin Fund Inc. has a fifty-two week low of $2.15 and a fifty-two week high of $2.98. The stock’s 50-day moving average is $2.32 and its two-hundred day moving average is $2.35.

About The Herzfeld Caribbean Basin Fund

The Herzfeld Caribbean Basin Fund Inc is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela.