Hara Capital LLC Has $2.97 Million Holdings in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Hara Capital LLC boosted its holdings in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 387,063 shares of the company’s stock after buying an additional 8,899 shares during the quarter. Japan Smaller Capitalization Fund makes up approximately 1.9% of Hara Capital LLC’s investment portfolio, making the stock its 12th largest position. Hara Capital LLC owned approximately 1.10% of Japan Smaller Capitalization Fund worth $2,969,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Mraz Amerine & Associates Inc. boosted its stake in shares of Japan Smaller Capitalization Fund by 225.3% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 101,821 shares of the company’s stock valued at $781,000 after buying an additional 70,521 shares during the period. Matisse Capital raised its position 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 acquiring an additional 98,192 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Japan Smaller Capitalization Fund in the 4th quarter worth about $32,000. Virtu Financial LLC bought a new position in shares of Japan Smaller Capitalization Fund in the 3rd quarter worth about $104,000. Finally, Kovitz Investment Group Partners LLC bought a new stake in Japan Smaller Capitalization Fund in the 3rd quarter valued at about $1,351,000.

Japan Smaller Capitalization Fund Trading Up 0.4 %

JOF stock opened at $7.94 on Tuesday. Japan Smaller Capitalization Fund, Inc. has a 52-week low of $6.89 and a 52-week high of $8.34. The business has a 50-day simple moving average of $7.72 and a two-hundred day simple 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 $0.3118 dividend. This is an increase from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27. The ex-dividend date was Thursday, December 19th. This represents a yield of 3.3%.

About Japan Smaller Capitalization Fund

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.