The Swiss Helvetia Fund (NYSE:SWZ) Stock Passes Below 50-Day Moving Average of $8.26

The Swiss Helvetia Fund Inc. (NYSE:SWZ – Get Rating)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.26 and traded as low as $7.58. The Swiss Helvetia Fund shares last traded at $7.61, with a volume of 11,924 shares.

The business’s 50 day moving average is $8.26 and its 200 day moving average is $8.94.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Tuesday, June 21st will be issued a dividend of $0.167 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 8.78%. The ex-dividend date of this dividend is Friday, June 17th.

A number of large investors have recently bought and sold shares of SWZ. Wolverine Asset Management LLC raised its position in shares of The Swiss Helvetia Fund by 12.5% in the fourth quarter. Wolverine Asset Management LLC now owns 97,133 shares of the closed-end fund’s stock worth $965,000 after acquiring an additional 10,781 shares during the period. Dynamic Advisor Solutions LLC raised its position in shares of The Swiss Helvetia Fund by 11.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 12,708 shares of the closed-end fund’s stock worth $126,000 after purchasing an additional 1,318 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its holdings in The Swiss Helvetia Fund by 3.2% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 110,154 shares of the closed-end fund’s stock valued at $1,095,000 after acquiring an additional 3,430 shares during the last quarter. Gardner Russo & Quinn LLC raised its holdings in The Swiss Helvetia Fund by 1.7% in the 4th quarter. Gardner Russo & Quinn LLC now owns 234,799 shares of the closed-end fund’s stock valued at $2,334,000 after acquiring an additional 3,891 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in The Swiss Helvetia Fund by 77.6% in the 3rd quarter. Cetera Investment Advisers now owns 48,300 shares of the closed-end fund’s stock valued at $443,000 after acquiring an additional 21,100 shares during the last quarter. 31.68% of the stock is currently owned by institutional investors.

About The Swiss Helvetia Fund (NYSE:SWZ)

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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