Bard Associates Inc. Has $382,000 Holdings in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Bard Associates Inc. lessened its stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 27.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 49,809 shares of the company’s stock after selling 18,404 shares during the quarter. Bard Associates Inc.’s holdings in Japan Smaller Capitalization Fund were worth $382,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JOF. Union Bancaire Privee UBP SA acquired a new position in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at approximately $32,000. Virtu Financial LLC acquired a new position in shares of Japan Smaller Capitalization Fund in the third quarter valued at approximately $104,000. Pekin Hardy Strauss Inc. boosted its holdings in shares of Japan Smaller Capitalization Fund by 23.6% in the third quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company’s stock valued at $133,000 after buying an additional 3,075 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Japan Smaller Capitalization Fund by 7.7% in the third quarter. HighTower Advisors LLC now owns 22,471 shares of the company’s stock valued at $181,000 after buying an additional 1,609 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in shares of Japan Smaller Capitalization Fund by 727.0% in the third quarter. International Assets Investment Management LLC now owns 38,042 shares of the company’s stock valued at $315,000 after buying an additional 33,442 shares during the period.

Japan Smaller Capitalization Fund Trading Up 0.8 %

Japan Smaller Capitalization Fund stock opened at $7.98 on Tuesday. Japan Smaller Capitalization Fund, Inc. has a twelve month low of $6.89 and a twelve month high of $8.34. The company has a 50 day moving average of $7.75 and a 200-day moving average of $7.82.

Japan Smaller Capitalization Fund Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 19th were issued a dividend of $0.3118 per share. This is a boost from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 3.3%.

Japan Smaller Capitalization Fund 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.