Gardner Russo & Quinn LLC Has $2.16 Million Stock Holdings in The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Gardner Russo & Quinn LLC boosted its holdings in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 288,801 shares of the closed-end fund’s stock after buying an additional 5,451 shares during the period. Gardner Russo & Quinn LLC’s holdings in The Swiss Helvetia Fund were worth $2,163,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. increased its stake in The Swiss Helvetia Fund by 144.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,244 shares of the closed-end fund’s stock valued at $47,000 after buying an additional 3,694 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in shares of The Swiss Helvetia Fund in the fourth quarter valued at approximately $250,000. Finally, Sanctuary Advisors LLC boosted its holdings in shares of The Swiss Helvetia Fund by 1.6% in the third quarter. Sanctuary Advisors LLC now owns 91,021 shares of the closed-end fund’s stock worth $815,000 after acquiring an additional 1,390 shares during the period. Institutional investors and hedge funds own 41.12% of the company’s stock.

The Swiss Helvetia Fund Price Performance

Shares of NYSE:SWZ opened at $9.15 on Friday. The Swiss Helvetia Fund Inc. has a one year low of $7.49 and a one year high of $9.29. The firm has a fifty day moving average price of $8.87 and a two-hundred day moving average price of $8.43.

The Swiss Helvetia Fund Cuts Dividend

The business also recently declared a — dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, April 3rd will be given a dividend of $3.00 per share. The ex-dividend date is Tuesday, April 15th. This represents a yield of 6.4%.

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.