Hara Capital LLC Boosts Stock Holdings in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Hara Capital LLC grew its position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 2.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 387,063 shares of the company’s stock after purchasing an additional 8,899 shares during the period. Japan Smaller Capitalization Fund comprises 1.9% of Hara Capital LLC’s investment portfolio, making the stock its 12th largest position. Hara Capital LLC’s holdings in Japan Smaller Capitalization Fund were worth $2,969,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JOF. Mraz Amerine & Associates Inc. boosted its stake in shares of Japan Smaller Capitalization Fund by 225.3% during the 4th quarter. Mraz Amerine & Associates Inc. now owns 101,821 shares of the company’s stock worth $781,000 after acquiring an additional 70,521 shares during the last quarter. Matisse Capital increased its holdings in shares of Japan Smaller Capitalization Fund by 37.2% in the 4th quarter. Matisse Capital now owns 362,000 shares of the company’s stock worth $2,777,000 after buying an additional 98,192 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of Japan Smaller Capitalization Fund in the 4th quarter worth about $32,000. Virtu Financial LLC purchased a new position in shares of Japan Smaller Capitalization Fund during the 3rd quarter worth about $104,000. Finally, Kovitz Investment Group Partners LLC purchased a new position in shares of Japan Smaller Capitalization Fund during the 3rd quarter worth about $1,351,000.

Japan Smaller Capitalization Fund Price Performance

Japan Smaller Capitalization Fund stock opened at $7.94 on Tuesday. Japan Smaller Capitalization Fund, Inc. has a 1 year low of $6.89 and a 1 year high of $8.34. The firm has a 50-day moving average of $7.72 and a two-hundred day moving average of $7.78.

Japan Smaller Capitalization Fund Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 19th were paid a dividend of $0.3118 per share. This represents a dividend yield of 3.3%. The ex-dividend date was Thursday, December 19th. This is a positive change from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27.

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.