Lazard Asset Management LLC cut its holdings in Swiss Helvetia Fund Inc. (NYSE:SWZ) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,274,574 shares of the closed-end fund’s stock after selling 23,000 shares during the period. Lazard Asset Management LLC owned approximately 8.99% of Swiss Helvetia Fund worth $29,023,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of the business. Advisor Partners LLC purchased a new stake in Swiss Helvetia Fund in the fourth quarter worth about $159,000. Shaker Financial Services LLC bought a new position in shares of Swiss Helvetia Fund in the third quarter worth approximately $335,000. Uncommon Cents Investing LLC bought a new position in shares of Swiss Helvetia Fund in the fourth quarter worth approximately $848,000. City of London Investment Management Co. Ltd. lifted its stake in shares of Swiss Helvetia Fund by 488.6% in the third quarter. City of London Investment Management Co. Ltd. now owns 198,755 shares of the closed-end fund’s stock worth $2,538,000 after buying an additional 164,987 shares in the last quarter. Finally, John G Ullman & Associates Inc. lifted its stake in shares of Swiss Helvetia Fund by 3.4% in the fourth quarter. John G Ullman & Associates Inc. now owns 252,345 shares of the closed-end fund’s stock worth $3,220,000 after buying an additional 8,185 shares in the last quarter. 49.40% of the stock is owned by institutional investors and hedge funds.
Swiss Helvetia Fund Inc. (SWZ) opened at $12.67 on Tuesday. Swiss Helvetia Fund Inc. has a 52-week low of $11.32 and a 52-week high of $13.74.
In other Swiss Helvetia Fund news, Director Andrew Dakos purchased 6,200 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were acquired at an average cost of $12.75 per share, for a total transaction of $79,050.00. Following the completion of the transaction, the director now owns 792 shares of the company’s stock, valued at $10,098. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders acquired 126,004 shares of company stock worth $1,608,657 over the last quarter. Insiders own 0.15% of the company’s stock.
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Swiss Helvetia Fund Profile
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.
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