Phillip Goldstein, a director of Swiss Helvetia Fund, Inc. (NYSE:SWZ), recently sold 4,535 shares of the company's common stock. The transaction, dated January 17, 2025, was executed at a price of $8.45 per share, amounting to a total sale value of $38,320. The stock, currently trading at $8.56, has shown strong momentum with a 12.8% gain year-to-date and maintains a modest market capitalization of $111 million.
Following this transaction, Goldstein holds 12,248 shares directly. The sale was authorized by Stephanie Darling, acting under a power of attorney for Goldstein, with the transaction officially recorded on January 20, 2025. Swiss Helvetia Fund focuses on investing in Swiss companies and is managed by U.S. Bank Global Fund Services, based in Milwaukee, Wisconsin. Notable for its attractive 6.9% dividend yield and 35-year streak of consecutive dividend payments, the fund currently trades at a P/E ratio of 5.19. InvestingPro analysis reveals additional key metrics and insights about the fund's performance and valuation.
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