Quarry LP Grows Position in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA)

Quarry LP increased its position in shares of The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) by 21.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 126,287 shares of the investment management company’s stock after purchasing an additional 21,943 shares during the period. Quarry LP owned approximately 1.77% of The Herzfeld Caribbean Basin Fund worth $285,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Matisse Capital boosted its position in The Herzfeld Caribbean Basin Fund by 18.5% in the 2nd quarter. Matisse Capital now owns 986,548 shares of the investment management company’s stock valued at $2,318,000 after buying an additional 153,754 shares during the period. Blue Bell Private Wealth Management LLC boosted its position in The Herzfeld Caribbean Basin Fund by 72.6% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 239,046 shares of the investment management company’s stock valued at $562,000 after buying an additional 100,581 shares during the period. Logan Stone Capital LLC boosted its position in The Herzfeld Caribbean Basin Fund by 5.6% in the 2nd quarter. Logan Stone Capital LLC now owns 161,429 shares of the investment management company’s stock valued at $379,000 after buying an additional 8,595 shares during the period. Cowen AND Company LLC boosted its position in The Herzfeld Caribbean Basin Fund by 5.0% in the 2nd quarter. Cowen AND Company LLC now owns 97,976 shares of the investment management company’s stock valued at $230,000 after buying an additional 4,708 shares during the period. Finally, Choreo LLC purchased a new stake in The Herzfeld Caribbean Basin Fund in the 2nd quarter valued at about $83,000. 15.74% of the stock is owned by hedge funds and other institutional investors.

The Herzfeld Caribbean Basin Fund Price Performance

The Herzfeld Caribbean Basin Fund stock opened at $2.45 on Friday. The Herzfeld Caribbean Basin Fund Inc. has a 1 year low of $2.15 and a 1 year high of $2.98. The firm has a 50-day moving average of $2.40 and a two-hundred day moving average of $2.35.

The Herzfeld Caribbean Basin Fund Profile

The Herzfeld Caribbean Basin Fund Inc is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela.