Logan Stone Capital LLC Raises Stock Holdings in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA)

Logan Stone Capital LLC grew its stake in shares of The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) by 5.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,429 shares of the investment management company’s stock after buying an additional 8,595 shares during the period. Logan Stone Capital LLC owned 2.26% of The Herzfeld Caribbean Basin Fund worth $379,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in shares of The Herzfeld Caribbean Basin Fund in the second quarter valued at about $29,000. Emfo LLC purchased a new position in shares of The Herzfeld Caribbean Basin Fund in the 2nd quarter worth approximately $51,000. Choreo LLC bought a new position in The Herzfeld Caribbean Basin Fund during the second quarter valued at $83,000. Twin Focus Capital Partners LLC boosted its stake in shares of The Herzfeld Caribbean Basin Fund by 395.6% during the 4th quarter. Twin Focus Capital Partners LLC now owns 65,697 shares of the investment management company’s stock worth $183,000 after purchasing an additional 52,442 shares during the period. Finally, Cowen AND Company LLC boosted its stake in shares of The Herzfeld Caribbean Basin Fund by 5.0% during 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 period. 15.74% of the stock is owned by hedge funds and other institutional investors.

The Herzfeld Caribbean Basin Fund Stock Down 1.3 %

Shares of CUBA opened at $2.30 on Friday. The Herzfeld Caribbean Basin Fund Inc. has a fifty-two week low of $2.15 and a fifty-two week high of $3.40. The company has a 50 day moving average price of $2.28 and a 200-day moving average price of $2.40.

The Herzfeld Caribbean Basin Fund Company Profile

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.