Logan Stone Capital LLC purchased a new stake in The Swiss Helvetia Fund Inc. (NYSE:SWZ – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 31,779 shares of the closed-end fund’s stock, valued at approximately $238,000. Logan Stone Capital LLC owned about 0.24% of The Swiss Helvetia Fund as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SWZ. Wolverine Asset Management LLC purchased a new position in shares of The Swiss Helvetia Fund in the fourth quarter worth about $250,000. PNC Financial Services Group Inc. grew its holdings in The Swiss Helvetia Fund by 144.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,244 shares of the closed-end fund’s stock worth $47,000 after acquiring an additional 3,694 shares during the period. Envestnet Asset Management Inc. grew its holdings in The Swiss Helvetia Fund by 55.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 149,366 shares of the closed-end fund’s stock worth $1,119,000 after acquiring an additional 52,989 shares during the period. 1607 Capital Partners LLC grew its holdings in The Swiss Helvetia Fund by 12.8% during the fourth quarter. 1607 Capital Partners LLC now owns 459,592 shares of the closed-end fund’s stock worth $3,442,000 after acquiring an additional 52,228 shares during the period. Finally, Sanctuary Advisors LLC grew its holdings in The Swiss Helvetia Fund by 7.5% during the fourth quarter. Sanctuary Advisors LLC now owns 97,879 shares of the closed-end fund’s stock worth $733,000 after acquiring an additional 6,858 shares during the period. 41.12% of the stock is currently owned by hedge funds and other institutional investors.
The Swiss Helvetia Fund Price Performance
The Swiss Helvetia Fund stock opened at $6.33 on Monday. The Swiss Helvetia Fund Inc. has a 52 week low of $6.01 and a 52 week high of $9.43. The business’s 50-day moving average price is $8.01 and its 200 day moving average price is $8.13.
The Swiss Helvetia Fund Cuts Dividend
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.
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