Virtu Financial LLC Takes $104,000 Position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Virtu Financial LLC purchased a new stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,588 shares of the company’s stock, valued at approximately $104,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in shares of Japan Smaller Capitalization Fund in the second quarter valued at $35,000. Pekin Hardy Strauss Inc. lifted 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 worth $133,000 after purchasing an additional 3,075 shares during the last quarter. HighTower Advisors LLC grew its stake 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 buying an additional 1,609 shares during the last quarter. Mraz Amerine & Associates Inc. bought a new position in shares of Japan Smaller Capitalization Fund during the third quarter valued at approximately $259,000. Finally, Beam Wealth Advisors Inc. purchased a new stake in shares of Japan Smaller Capitalization Fund in the second quarter worth approximately $306,000.

Japan Smaller Capitalization Fund Stock Performance

JOF opened at $7.55 on Friday. The business has a fifty day moving average of $7.75 and a 200 day moving average of $7.78. Japan Smaller Capitalization Fund, Inc. has a 52-week low of $6.89 and a 52-week high of $8.34.

Japan Smaller Capitalization Fund Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 19th will be paid a $0.3118 dividend. This represents a yield of 3.3%. The ex-dividend date of this dividend is Thursday, December 19th. This is an increase 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.