Landscape Capital Management L.L.C. Lowers Stake in Japan Smaller Capitalization Fund, Inc. $JOF

Key Points

• Landscape Capital Management L.L.C. reduced its holdings in Japan Smaller Capitalization Fund, Inc. by 30.7%, now owning 74,755 shares valued at approximately $627,000.
• Other investors are notably increasing their stakes, with CWM LLC raising its position by 275.5% during the first quarter.
• Japan Smaller Capitalization Fund will pay a monthly dividend of $0.0887 per share on September 30th, offering an annualized yield of 9.9%.

Landscape Capital Management L.L.C. reduced its holdings in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) by 30.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 74,755 shares of the company's stock after selling 33,094 shares during the quarter. Landscape Capital Management L.L.C. owned approximately 0.21% of Japan Smaller Capitalization Fund worth $627,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Virtu Financial LLC purchased a new position in shares of Japan Smaller Capitalization Fund during the first quarter valued at $94,000. Blue Bell Private Wealth Management LLC lifted its holdings in Japan Smaller Capitalization Fund by 4.3% during the first quarter. Blue Bell Private Wealth Management LLC now owns 41,150 shares of the company's stock worth $345,000 after acquiring an additional 1,700 shares in the last quarter. CWM LLC boosted its position in Japan Smaller Capitalization Fund by 275.5% during the 1st quarter. CWM LLC now owns 4,506 shares of the company's stock worth $38,000 after acquiring an additional 3,306 shares during the last quarter. Mraz Amerine & Associates Inc. increased its position in shares of Japan Smaller Capitalization Fund by 2.6% in the first quarter. Mraz Amerine & Associates Inc. now owns 104,491 shares of the company's stock valued at $876,000 after acquiring an additional 2,670 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. grew its position in shares of Japan Smaller Capitalization Fund by 9.3% in the first quarter. Pekin Hardy Strauss Inc. now owns 17,619 shares of the company's stock valued at $148,000 after purchasing an additional 1,500 shares during the last quarter.

Japan Smaller Capitalization Fund Stock Up 0.4%

JOF traded up $0.05 during trading on Friday, reaching $10.75. The stock had a trading volume of 31,080 shares, compared to its average volume of 74,937. Japan Smaller Capitalization Fund, Inc. has a one year low of $7.43 and a one year high of $10.82. The business has a 50-day moving average of $10.06 and a 200-day moving average of $9.17.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.