Triasima Portfolio Management inc. Decreases Stock Holdings in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Triasima Portfolio Management inc. lessened its stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 51.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,900 shares of the company’s stock after selling 12,700 shares during the quarter. Triasima Portfolio Management inc.’s holdings in Japan Smaller Capitalization Fund were worth $91,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA acquired a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at about $32,000. Virtu Financial LLC acquired a new stake in Japan Smaller Capitalization Fund in the 3rd quarter worth about $104,000. Pekin Hardy Strauss Inc. increased its stake in 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 worth $133,000 after buying an additional 3,075 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Japan Smaller Capitalization Fund by 7.7% during the third 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 during the last quarter. Finally, Mraz Amerine & Associates Inc. purchased a new position in shares of Japan Smaller Capitalization Fund in the third quarter valued at approximately $259,000.

Japan Smaller Capitalization Fund Stock Down 0.3 %

Shares of NYSE:JOF opened at $7.89 on Friday. Japan Smaller Capitalization Fund, Inc. has a 1 year low of $6.89 and a 1 year high of $8.34. The business’s 50 day moving average price is $7.72 and its 200-day moving average price is $7.78.

Japan Smaller Capitalization Fund Increases Dividend

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

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.