Herzfeld Caribbean Basin Fund Inc (CUBA) : Blue Bell Private Wealth Management added new position in Herzfeld Caribbean Basin Fund Inc during the most recent quarter end. The investment management firm now holds 4,381 shares of Herzfeld Caribbean Basin Fund Inc which is valued at $27,294 , the company said in a statement filed on Oct 14, 2016 with the SEC.Herzfeld Caribbean Basin Fund Inc makes up approximately 0.02% of Blue Bell Private Wealth Management’s portfolio.
Other Hedge Funds, Including , Creative Planning reduced its stake in CUBA by selling 7,067 shares or 93.39% in the most recent quarter. The Hedge Fund company now holds 500 shares of CUBA which is valued at $3,125.
Herzfeld Caribbean Basin Fund Inc opened for trading at $6.25 and hit $6.35 on the upside on Friday, eventually ending the session at $6.23, with a gain of 0.48% or 0.03 points. The heightened volatility saw the trading volume jump to 30,881 shares. Company has a market cap of $38 M.
The Herzfeld Caribbean Basin Fund Inc. (the Fund) is a non-diversified closed-end management investment company. The Funds investment objective is to obtain long-term capital appreciation. The Funds investment advisor is HERZFELD/CUBA a division of Thomas J. Herzfeld Advisors Inc. It invests primarily in equity and equity-linked securities of public and private companies including 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).