Union Bancaire Privee UBP SA Buys New Holdings 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 fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,200 shares of the company’s stock, valued at approximately $32,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Virtu Financial LLC acquired a new position in shares of Japan Smaller Capitalization Fund in the 3rd quarter valued at about $104,000. Pekin Hardy Strauss Inc. lifted its holdings in shares of Japan Smaller Capitalization Fund by 23.6% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company’s stock valued at $133,000 after acquiring an additional 3,075 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Japan Smaller Capitalization Fund by 7.7% during the 3rd quarter. HighTower Advisors LLC now owns 22,471 shares of the company’s stock valued at $181,000 after acquiring an additional 1,609 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Japan Smaller Capitalization Fund by 727.0% during the 3rd quarter. International Assets Investment Management LLC now owns 38,042 shares of the company’s stock valued at $315,000 after acquiring an additional 33,442 shares in the last quarter. Finally, RPO LLC lifted its holdings in shares of Japan Smaller Capitalization Fund by 393.6% during the 3rd quarter. RPO LLC now owns 76,345 shares of the company’s stock valued at $631,000 after acquiring an additional 60,878 shares in the last quarter.

Japan Smaller Capitalization Fund Stock Performance

Shares of JOF opened at $7.98 on Wednesday. The stock’s 50-day moving average is $7.72 and its two-hundred day moving average is $7.81. Japan Smaller Capitalization Fund, Inc. has a 12 month low of $6.89 and a 12 month high of $8.34.

Japan Smaller Capitalization Fund Increases Dividend

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

Japan Smaller Capitalization Fund Company 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.