Envestnet Asset Management Inc. lifted its holdings in The Swiss Helvetia Fund Inc. (NYSE:SWZ - Free Report) by 55.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 149,366 shares of the closed-end fund's stock after purchasing an additional 52,989 shares during the quarter. Envestnet Asset Management Inc. owned 1.15% of The Swiss Helvetia Fund worth $1,119,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in SWZ. Gardner Russo & Quinn LLC lifted its position in The Swiss Helvetia Fund by 1.9% during the 4th quarter. Gardner Russo & Quinn LLC now owns 288,801 shares of the closed-end fund's stock worth $2,163,000 after buying an additional 5,451 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in The Swiss Helvetia Fund by 7.5% during the fourth quarter. Sanctuary Advisors LLC now owns 97,879 shares of the closed-end fund's stock worth $733,000 after acquiring an additional 6,858 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in The Swiss Helvetia Fund during the fourth quarter worth about $250,000. Finally, PNC Financial Services Group Inc. boosted its position in The Swiss Helvetia Fund by 144.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,244 shares of the closed-end fund's stock valued at $47,000 after purchasing an additional 3,694 shares during the last quarter. Institutional investors and hedge funds own 41.12% of the company's stock.
The Swiss Helvetia Fund Stock Up 1.6 %
Shares of NYSE:SWZ traded up $0.10 during trading on Friday, hitting $6.40. 107,556 shares of the company were exchanged, compared to its average volume of 38,807. The Swiss Helvetia Fund Inc. has a fifty-two week low of $6.01 and a fifty-two week high of $9.43. The firm has a fifty day moving average price of $8.28 and a two-hundred day moving average price of $8.21.
The Swiss Helvetia Fund Cuts Dividend
The company also recently announced a -- dividend, which was paid on Monday, April 14th. Investors of record on Thursday, April 3rd were issued a dividend of $3.00 per share. The ex-dividend date of this dividend was Tuesday, April 15th. This represents a yield of 6.4%.
The Swiss Helvetia Fund Company Profile
(
Free Report)
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.
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