HighTower Advisors LLC Has $181,000 Holdings in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

HighTower Advisors LLC boosted its position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 7.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,471 shares of the company’s stock after purchasing an additional 1,609 shares during the period. HighTower Advisors LLC owned about 0.06% of Japan Smaller Capitalization Fund worth $181,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James & Associates boosted its position in shares of Japan Smaller Capitalization Fund by 13.1% during the second quarter. Raymond James & Associates now owns 179,281 shares of the company’s stock worth $1,359,000 after buying an additional 20,760 shares during the period. International Assets Investment Management LLC acquired a new position in Japan Smaller Capitalization Fund during the 2nd quarter worth approximately $35,000. Matisse Capital grew its stake in shares of Japan Smaller Capitalization Fund by 196.4% during the 2nd quarter. Matisse Capital now owns 246,456 shares of the company’s stock worth $1,868,000 after acquiring an additional 163,319 shares in the last quarter. Wolverine Asset Management LLC grew its stake in shares of Japan Smaller Capitalization Fund by 9,241.9% during the 2nd quarter. Wolverine Asset Management LLC now owns 87,627 shares of the company’s stock worth $664,000 after acquiring an additional 86,689 shares in the last quarter. Finally, Beam Wealth Advisors Inc. acquired a new stake in shares of Japan Smaller Capitalization Fund in the second quarter valued at approximately $306,000.

Japan Smaller Capitalization Fund Stock Up 0.3 %

Japan Smaller Capitalization Fund stock opened at $7.52 on Thursday. Japan Smaller Capitalization Fund, Inc. has a 1-year low of $6.89 and a 1-year high of $8.34. The company has a fifty day simple moving average of $7.71 and a 200 day simple moving average of $7.77.

Japan Smaller Capitalization Fund Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 19th will be issued a $0.3118 dividend. This is a boost from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27. The ex-dividend date of this dividend is Thursday, December 19th. This represents a dividend yield of 3.3%.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.