Sanctuary Advisors LLC Buys Shares of 89,631 The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Sanctuary Advisors LLC purchased a new position in The Swiss Helvetia Fund Inc. (NYSE:SWZ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 89,631 shares of the closed-end fund’s stock, valued at approximately $678,000.

Other hedge funds have also recently made changes to their positions in the company. Karpus Management Inc. lifted its position in shares of The Swiss Helvetia Fund by 22.3% during the first 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 last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of The Swiss Helvetia Fund by 7.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,174,265 shares of the closed-end fund’s stock worth $17,546,000 after acquiring an additional 148,310 shares during the last quarter. Wolverine Asset Management LLC increased its holdings in shares of The Swiss Helvetia Fund by 55.2% during the second quarter. Wolverine Asset Management LLC now owns 36,192 shares of the closed-end fund’s stock valued at $292,000 after acquiring an additional 12,874 shares in the last quarter. Shaker Financial Services LLC raised its position in shares of The Swiss Helvetia Fund by 10.8% in 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 purchasing an additional 31,596 shares during the last quarter. Finally, Logan Stone Capital LLC acquired a new stake in The Swiss Helvetia Fund in the 2nd quarter worth approximately $163,000. 41.12% of the stock is currently owned by hedge funds and other institutional investors.

The Swiss Helvetia Fund Stock Performance

Shares of The Swiss Helvetia Fund stock opened at $8.75 on Monday. The firm’s 50 day simple moving average is $8.76 and its two-hundred day simple moving average is $8.28. The Swiss Helvetia Fund Inc. has a 12-month low of $7.12 and a 12-month high of $9.14.

The Swiss Helvetia Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 19th were paid a $0.129 dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $0.52 dividend on an annualized basis and a yield of 5.90%.

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.