Japan Smaller Capitalization Fund, Inc. $JOF Shares Acquired by Noble Wealth Management PBC

Noble Wealth Management PBC lifted its holdings in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF – Free Report) by 1,509.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 72,405 shares of the company’s stock after purchasing an additional 67,905 shares during the quarter. Noble Wealth Management PBC’s holdings in Japan Smaller Capitalization Fund were worth $912,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of JOF. Integrated Wealth Concepts LLC bought a new position in Japan Smaller Capitalization Fund in the second quarter worth about $35,000. Western Wealth Management LLC acquired a new stake in shares of Japan Smaller Capitalization Fund during the 1st quarter worth approximately $50,000. North Ground Capital bought a new stake in shares of Japan Smaller Capitalization Fund in the 2nd quarter worth approximately $117,800. Quantedge Capital Pte Ltd bought a new stake in shares of Japan Smaller Capitalization Fund in the 1st quarter worth approximately $131,000. Finally, Sanctuary Advisors LLC acquired a new position in Japan Smaller Capitalization Fund during the 2nd quarter valued at approximately $145,000.

Japan Smaller Capitalization Fund Trading Down 0.8%

NYSE:JOF traded down $0.10 during midday trading on Thursday, reaching $12.51. 36,563 shares of the company traded hands, compared to its average volume of 92,444. The company has a fifty day moving average price of $12.28 and a 200 day moving average price of $11.68. Japan Smaller Capitalization Fund, Inc. has a twelve month low of $9.94 and a twelve month high of $12.85.

Japan Smaller Capitalization Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Tuesday, December 15th will be paid a $0.0956 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Tuesday, December 15th.

Japan Smaller Capitalization Fund Company Profile

(Free Report)

Japan Smaller Capitalization Fund, Inc (NYSE:JOF) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in the equity securities of smaller-capitalization companies in Japan.

The fund provides investors with diversified exposure to Japan’s small-capitalization market across a range of industries. Its portfolio may include companies at different stages of development, with investment selection focused on identifying businesses that the adviser believes offer attractive long-term growth potential.

Japan Smaller Capitalization Fund has been listed in the United States since 1987.

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Institutional Ownership by Quarter for Japan Smaller Capitalization Fund (NYSE:JOF)

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