Logan Stone Capital LLC Buys Shares of 20,166 The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Logan Stone Capital LLC bought a new stake in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 20,166 shares of the closed-end fund’s stock, valued at approximately $163,000. Logan Stone Capital LLC owned 0.16% of The Swiss Helvetia Fund at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Wolverine Asset Management LLC increased its stake in The Swiss Helvetia Fund by 55.2% during the 2nd quarter. Wolverine Asset Management LLC now owns 36,192 shares of the closed-end fund’s stock valued at $292,000 after buying an additional 12,874 shares during the period. 1607 Capital Partners LLC increased its stake in The Swiss Helvetia Fund by 4.0% during the 4th quarter. 1607 Capital Partners LLC now owns 349,903 shares of the closed-end fund’s stock valued at $2,869,000 after buying an additional 13,457 shares during the period. Shaker Financial Services LLC increased its stake in The Swiss Helvetia Fund by 10.8% during the 2nd quarter. Shaker Financial Services LLC now owns 323,974 shares of the closed-end fund’s stock valued at $2,614,000 after buying an additional 31,596 shares during the period. Karpus Management Inc. increased its stake in The Swiss Helvetia Fund by 22.3% during the 1st quarter. Karpus Management Inc. now owns 223,655 shares of the closed-end fund’s stock valued at $1,774,000 after buying an additional 40,825 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in The Swiss Helvetia Fund by 7.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,174,265 shares of the closed-end fund’s stock valued at $17,546,000 after buying an additional 148,310 shares during the period. Institutional investors and hedge funds own 41.12% of the company’s stock.

The Swiss Helvetia Fund Price Performance

The Swiss Helvetia Fund stock opened at $9.03 on Friday. The company’s 50-day moving average price is $8.69 and its two-hundred day moving average price is $8.21. The Swiss Helvetia Fund Inc. has a 52 week low of $7.12 and a 52 week high of $9.12.

The Swiss Helvetia Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 19th will be given a dividend of $0.129 per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $0.52 annualized dividend and a dividend yield of 5.71%.

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.