Herzfeld Caribbean Basin Fund, Inc (NASDAQ:CUBA) Director Thomas J. Herzfeld acquired 10,420 shares of the company’s stock in a transaction that occurred on Thursday, January 18th. The shares were acquired at an average cost of $7.41 per share, with a total value of $77,212.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Herzfeld Caribbean Basin Fund, Inc (CUBA) opened at $7.45 on Friday. Herzfeld Caribbean Basin Fund, Inc has a one year low of $6.50 and a one year high of $7.46.

The firm also recently disclosed an annual dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, December 7th were paid a dividend of $0.118 per share. The ex-dividend date of this dividend was Wednesday, December 6th. This represents a yield of 1.68%.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Susquehanna International Group LLP purchased a new stake in Herzfeld Caribbean Basin Fund during the 3rd quarter valued at about $127,000. Gramercy Funds Management LLC purchased a new stake in Herzfeld Caribbean Basin Fund during the 3rd quarter valued at about $236,000. Doliver Capital Advisors LP grew its stake in Herzfeld Caribbean Basin Fund by 1.4% during the 2nd quarter. Doliver Capital Advisors LP now owns 35,683 shares of the investment management company’s stock valued at $257,000 after acquiring an additional 501 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its stake in Herzfeld Caribbean Basin Fund by 160.3% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 82,835 shares of the investment management company’s stock valued at $601,000 after acquiring an additional 51,012 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. grew its stake in Herzfeld Caribbean Basin Fund by 94.7% during the 2nd quarter. City of London Investment Management Co. Ltd. now owns 157,417 shares of the investment management company’s stock valued at $1,134,000 after acquiring an additional 76,567 shares in the last quarter. 29.21% of the stock is owned by institutional investors.

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Herzfeld Caribbean Basin Fund Company Profile

The Herzfeld Caribbean Basin Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to obtain long-term capital appreciation. The Fund pursues its objective by investing primarily in equity and equity-linked securities of public and private companies, including the United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country or that have at least 50% of the value of their assets in a Caribbean Basin Country or that derive at least 50% of their total revenue from operations in a Caribbean Basin Country (collectively, Caribbean Basin Companies).

Insider Buying and Selling by Quarter for Herzfeld Caribbean Basin Fund (NASDAQ:CUBA)

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