Gardner Russo & Quinn LLC Buys 5,451 Shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Gardner Russo & Quinn LLC increased its position in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 288,801 shares of the closed-end fund’s stock after purchasing an additional 5,451 shares during the period. Gardner Russo & Quinn LLC owned about 2.22% of The Swiss Helvetia Fund worth $2,163,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SWZ. PNC Financial Services Group Inc. boosted its position in The Swiss Helvetia Fund by 144.9% in 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 buying an additional 3,694 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of The Swiss Helvetia Fund during the fourth quarter worth $250,000. Finally, Sanctuary Advisors LLC increased its stake in shares of The Swiss Helvetia Fund by 7.5% in the 4th quarter. Sanctuary Advisors LLC now owns 97,879 shares of the closed-end fund’s stock valued at $733,000 after acquiring an additional 6,858 shares during the last quarter. Institutional investors and hedge funds own 41.12% of the company’s stock.

The Swiss Helvetia Fund Trading Up 0.3 %

NYSE:SWZ opened at $9.15 on Friday. 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 $8.87 and its 200-day simple moving average is $8.43.

The Swiss Helvetia Fund Cuts Dividend

The firm also recently declared a — dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, April 3rd will be paid a $3.00 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a yield of 6.4%.

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.