The Swiss Helvetia Fund Inc. Declares Dividend of $3.00 (NYSE:SWZ)

The Swiss Helvetia Fund Inc. (NYSE:SWZ) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of 3.00 per share by the closed-end fund on Monday, April 7th. The ex-dividend date of this dividend is Tuesday, April 8th.

The Swiss Helvetia Fund Stock Up 1.9 %

Shares of NYSE SWZ traded up $0.17 during mid-day trading on Tuesday, hitting $9.12. 116,668 shares of the company’s stock traded hands, compared to its average volume of 27,056. The Swiss Helvetia Fund has a 1 year low of $7.49 and a 1 year high of $9.19. The company’s 50-day moving average is $8.82 and its two-hundred day moving average is $8.41.

Institutional Investors Weigh In On The Swiss Helvetia Fund

A hedge fund recently raised its stake in The Swiss Helvetia Fund stock. Bank of America Corp DE raised its position in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 375.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,672 shares of the closed-end fund’s stock after purchasing an additional 10,795 shares during the period. Bank of America Corp DE owned about 0.11% of The Swiss Helvetia Fund worth $102,000 as of its most recent filing with the Securities & Exchange Commission. 41.12% of the stock is currently owned by institutional investors.

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.