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

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

The Swiss Helvetia Fund Stock Performance

SWZ stock traded up $0.17 during trading on Tuesday, hitting $9.12. The company had a trading volume of 116,668 shares, compared to its average volume of 27,056. The business has a 50 day moving average of $8.82 and a 200 day moving average of $8.41. The Swiss Helvetia Fund has a fifty-two week low of $7.49 and a fifty-two week high of $9.19.

Institutional Investors Weigh In On The Swiss Helvetia Fund

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