Union Bancaire Privee UBP SA Invests $32,000 in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Union Bancaire Privee UBP SA bought a new stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,200 shares of the company’s stock, valued at approximately $32,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Virtu Financial LLC purchased a new position in shares of Japan Smaller Capitalization Fund in the 3rd quarter valued at about $104,000. Pekin Hardy Strauss Inc. increased its stake in Japan Smaller Capitalization Fund by 23.6% in the third quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company’s stock valued at $133,000 after purchasing an additional 3,075 shares during the last quarter. HighTower Advisors LLC raised its holdings in Japan Smaller Capitalization Fund by 7.7% during the third quarter. HighTower Advisors LLC now owns 22,471 shares of the company’s stock worth $181,000 after purchasing an additional 1,609 shares in the last quarter. Mraz Amerine & Associates Inc. purchased a new stake in shares of Japan Smaller Capitalization Fund during the 3rd quarter worth approximately $259,000. Finally, International Assets Investment Management LLC boosted its holdings in shares of Japan Smaller Capitalization Fund by 727.0% in the 3rd quarter. International Assets Investment Management LLC now owns 38,042 shares of the company’s stock valued at $315,000 after buying an additional 33,442 shares in the last quarter.

Japan Smaller Capitalization Fund Trading Down 0.8 %

Shares of NYSE:JOF opened at $7.66 on Thursday. Japan Smaller Capitalization Fund, Inc. has a 12 month low of $6.89 and a 12 month high of $8.34. The company’s fifty day moving average price is $7.70 and its 200 day moving average price is $7.78.

Japan Smaller Capitalization Fund Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 19th were issued a $0.3118 dividend. This is an increase from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27. This represents a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, December 19th.

Japan Smaller Capitalization Fund Profile

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.