Wolverine Asset Management LLC Invests $250,000 in The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Wolverine Asset Management LLC acquired a new stake in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 33,340 shares of the closed-end fund’s stock, valued at approximately $250,000.

Separately, Shaker Financial Services LLC boosted its stake in shares of The Swiss Helvetia Fund by 1.2% during the 3rd quarter. Shaker Financial Services LLC now owns 327,809 shares of the closed-end fund’s stock valued at $2,934,000 after buying an additional 3,835 shares during the period. Institutional investors own 41.12% of the company’s stock.

The Swiss Helvetia Fund Price Performance

NYSE SWZ opened at $8.94 on Monday. The Swiss Helvetia Fund Inc. has a 1-year low of $7.49 and a 1-year high of $9.14. The firm’s fifty day simple moving average is $8.22 and its 200-day simple moving average is $8.37.

The Swiss Helvetia Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were given a $0.1458 dividend. This is a positive change from The Swiss Helvetia Fund’s previous quarterly dividend of $0.13. This represents a $0.58 annualized dividend and a yield of 6.52%. The ex-dividend date of this dividend was Tuesday, December 17th.

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.