PNC Financial Services Group Inc. Purchases 3,694 Shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ)

PNC Financial Services Group Inc. boosted its holdings in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 144.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,244 shares of the closed-end fund’s stock after buying an additional 3,694 shares during the quarter. PNC Financial Services Group Inc.’s holdings in The Swiss Helvetia Fund were worth $47,000 as of its most recent SEC filing.

Separately, Wolverine Asset Management LLC acquired a new position in shares of The Swiss Helvetia Fund in the 4th quarter valued at $250,000. Institutional investors and hedge funds own 41.12% of the company’s stock.

The Swiss Helvetia Fund Trading Down 0.8 %

The Swiss Helvetia Fund stock opened at $9.07 on Thursday. The Swiss Helvetia Fund Inc. has a fifty-two week low of $7.49 and a fifty-two week high of $9.29. The business’s 50-day simple moving average is $8.84 and its two-hundred day simple moving average is $8.42.

The Swiss Helvetia Fund Cuts Dividend

The firm also recently declared a — dividend, which will be paid on Monday, April 7th. Shareholders of record on Thursday, April 3rd will be issued a $3.00 dividend. This represents a yield of 6.4%. The ex-dividend date is Tuesday, April 8th.

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.