Wolverine Asset Management LLC Buys Shares of 33,340 The Swiss Helvetia Fund Inc. (NYSE:SWZ)

Wolverine Asset Management LLC purchased a new stake in shares of The Swiss Helvetia Fund Inc. (NYSE:SWZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 33,340 shares of the closed-end fund’s stock, valued at approximately $250,000. Wolverine Asset Management LLC owned 0.26% of The Swiss Helvetia Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Sanctuary Advisors LLC boosted its stake in The Swiss Helvetia Fund by 1.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 91,021 shares of the closed-end fund’s stock valued at $815,000 after purchasing an additional 1,390 shares during the period. Hedge funds and other institutional investors own 41.12% of the company’s stock.

The Swiss Helvetia Fund Price Performance

SWZ opened at $8.94 on Monday. The Swiss Helvetia Fund Inc. has a twelve month low of $7.49 and a twelve month high of $9.14. The business’s 50 day moving average is $8.22 and its 200-day moving average is $8.37.

The Swiss Helvetia Fund Increases Dividend

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

About The Swiss Helvetia Fund

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.