Sanctuary Advisors LLC Acquires 6,858 Shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Sanctuary Advisors LLC boosted its holdings in The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 97,879 shares of the closed-end fund’s stock after buying an additional 6,858 shares during the period. Sanctuary Advisors LLC owned approximately 0.75% of The Swiss Helvetia Fund worth $733,000 as of its most recent SEC filing.

Separately, Shaker Financial Services LLC increased its position in The Swiss Helvetia Fund by 1.2% in the 3rd quarter. Shaker Financial Services LLC now owns 327,809 shares of the closed-end fund’s stock worth $2,934,000 after buying an additional 3,835 shares during the period. Hedge funds and other institutional investors own 41.12% of the company’s stock.

The Swiss Helvetia Fund Stock Up 0.1 %

Shares of NYSE SWZ opened at $8.96 on Friday. The business’s 50 day moving average is $8.33 and its two-hundred day moving average is $8.39. The Swiss Helvetia Fund Inc. has a 12 month low of $7.49 and a 12 month high of $9.14.

The Swiss Helvetia Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were given a $0.1458 dividend. This is an increase from The Swiss Helvetia Fund’s previous quarterly dividend of $0.13. This represents a $0.58 annualized dividend and a yield of 6.51%. The ex-dividend date of this dividend was Tuesday, December 17th.

The Swiss Helvetia Fund 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.