Insider Buying: Swiss Helvetia Fund Inc. (SWZ) Director Purchases $129,067.26 in Stock

Swiss Helvetia Fund Inc. (NYSE:SWZ) Director Andrew Dakos bought 9,982 shares of the business’s stock in a transaction that occurred on Tuesday, January 9th. The stock was purchased at an average cost of $12.93 per share, for a total transaction of $129,067.26. Following the completion of the transaction, the director now directly owns 292 shares in the company, valued at approximately $3,775.56. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Andrew Dakos also recently made the following trade(s):

  • On Thursday, January 4th, Andrew Dakos purchased 9,483 shares of Swiss Helvetia Fund stock. The stock was bought at an average price of $12.84 per share, with a total value of $121,761.72.
  • On Thursday, December 27th, Andrew Dakos purchased 19,600 shares of Swiss Helvetia Fund stock. The stock was bought at an average price of $12.63 per share, with a total value of $247,548.00.
  • On Thursday, December 28th, Andrew Dakos purchased 33,636 shares of Swiss Helvetia Fund stock. The stock was bought at an average price of $12.64 per share, with a total value of $425,159.04.
  • On Wednesday, December 20th, Andrew Dakos purchased 6,463 shares of Swiss Helvetia Fund stock. The stock was bought at an average price of $12.48 per share, with a total value of $80,658.24.
  • On Thursday, November 30th, Andrew Dakos purchased 5,156 shares of Swiss Helvetia Fund stock. The stock was bought at an average price of $12.68 per share, with a total value of $65,378.08.
  • On Tuesday, November 21st, Andrew Dakos purchased 13,060 shares of Swiss Helvetia Fund stock. The stock was bought at an average price of $12.60 per share, with a total value of $164,556.00.
  • On Wednesday, November 15th, Andrew Dakos purchased 1,394 shares of Swiss Helvetia Fund stock. The stock was bought at an average price of $12.34 per share, with a total value of $17,201.96.

Shares of Swiss Helvetia Fund Inc. (NYSE SWZ) opened at $13.06 on Friday. Swiss Helvetia Fund Inc. has a twelve month low of $10.49 and a twelve month high of $13.06.

The business also recently declared a semiannual dividend, which was paid on Friday, December 22nd. Investors of record on Friday, December 15th were issued a $0.12 dividend. This is an increase from Swiss Helvetia Fund’s previous semiannual dividend of $0.01. This represents a yield of 1.9%. The ex-dividend date was Thursday, December 14th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN increased its holdings in Swiss Helvetia Fund by 48.4% in the 3rd quarter. Wells Fargo & Company MN now owns 4,908,917 shares of the closed-end fund’s stock valued at $62,680,000 after purchasing an additional 1,600,509 shares in the last quarter. City of London Investment Management Co. Ltd. increased its holdings in Swiss Helvetia Fund by 488.6% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 198,755 shares of the closed-end fund’s stock valued at $2,538,000 after purchasing an additional 164,987 shares in the last quarter. Shaker Financial Services LLC acquired a new stake in Swiss Helvetia Fund in the 3rd quarter valued at $335,000. Doliver Capital Advisors LP acquired a new stake in Swiss Helvetia Fund in the 2nd quarter valued at $191,000. Finally, Alpine Global Management LLC acquired a new stake in Swiss Helvetia Fund in the 2nd quarter valued at $162,000. Hedge funds and other institutional investors own 48.08% of the company’s stock.

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About Swiss Helvetia Fund

The Swiss Helvetia Fund, Inc (the Fund) is a non-diversified, closed-end investment company. The Fund’s investment objective is to seek long-term growth of capital through investment in equity and equity-linked securities of Swiss companies. The Fund may also acquire and hold equity and equity-linked securities of non-Swiss companies in limited instances.

Insider Buying and Selling by Quarter for Swiss Helvetia Fund (NYSE:SWZ)

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