The Swiss Helvetia Fund Inc. (NYSE:SWZ) Holdings Lowered by City of London Investment Management Co. Ltd.

City of London Investment Management Co. Ltd. lowered its stake in The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 39.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,679 shares of the closed-end fund’s stock after selling 29,372 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in The Swiss Helvetia Fund were worth $369,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wolverine Asset Management LLC raised its holdings in shares of The Swiss Helvetia Fund by 55.2% during the second quarter. Wolverine Asset Management LLC now owns 36,192 shares of the closed-end fund’s stock valued at $292,000 after acquiring an additional 12,874 shares during the period. Karpus Management Inc. raised its stake in The Swiss Helvetia Fund by 554.8% during the 4th quarter. Karpus Management Inc. now owns 182,830 shares of the closed-end fund’s stock valued at $1,499,000 after purchasing an additional 154,910 shares during the period. Shaker Financial Services LLC lifted its holdings in shares of The Swiss Helvetia Fund by 10.8% in the second quarter. Shaker Financial Services LLC now owns 323,974 shares of the closed-end fund’s stock valued at $2,614,000 after purchasing an additional 31,596 shares in the last quarter. 1607 Capital Partners LLC boosted its position 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 worth $2,869,000 after buying an additional 13,457 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of The Swiss Helvetia Fund by 7.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,174,265 shares of the closed-end fund’s stock valued at $17,546,000 after buying an additional 148,310 shares in the last quarter. Institutional investors and hedge funds own 41.12% of the company’s stock.

The Swiss Helvetia Fund Price Performance

Shares of The Swiss Helvetia Fund stock opened at $8.85 on Monday. The stock has a 50-day moving average price of $8.58 and a 200 day moving average price of $8.15. The Swiss Helvetia Fund Inc. has a 1 year low of $7.12 and a 1 year high of $9.02.

The Swiss Helvetia Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 19th will be paid a dividend of $0.129 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date is Thursday, September 19th.

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.