Lazard Asset Management LLC Has $6.11 Million Holdings in The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Lazard Asset Management LLC cut its holdings in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 2.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 770,537 shares of the closed-end fund’s stock after selling 19,009 shares during the quarter. Lazard Asset Management LLC owned about 5.93% of The Swiss Helvetia Fund worth $6,110,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Shaker Financial Services LLC lifted its holdings in shares of The Swiss Helvetia Fund by 1.4% during the fourth quarter. Shaker Financial Services LLC now owns 288,658 shares of the closed-end fund’s stock worth $2,367,000 after buying an additional 3,982 shares during the last quarter. 1607 Capital Partners LLC raised its stake in shares of The Swiss Helvetia Fund by 4.0% in the fourth quarter. 1607 Capital Partners LLC now owns 349,903 shares of the closed-end fund’s stock valued at $2,869,000 after purchasing an additional 13,457 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of The Swiss Helvetia Fund in the fourth quarter valued at $245,000. Finally, Karpus Management Inc. raised its stake in shares of The Swiss Helvetia Fund by 22.3% in the first quarter. Karpus Management Inc. now owns 223,655 shares of the closed-end fund’s stock valued at $1,774,000 after purchasing an additional 40,825 shares in the last quarter. 41.12% of the stock is currently owned by institutional investors and hedge funds.

The Swiss Helvetia Fund Stock Performance

Shares of NYSE SWZ opened at $8.45 on Monday. The business has a fifty day simple moving average of $8.17 and a 200 day simple moving average of $7.97. The Swiss Helvetia Fund Inc. has a one year low of $7.12 and a one year high of $8.57.

The Swiss Helvetia Fund Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Tuesday, June 18th were paid a $0.129 dividend. The ex-dividend date of this dividend was Tuesday, June 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 6.11%.

The Swiss Helvetia Fund Company 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.