Gold prices just lower; monthly gains on track
Brigitta Suzanne Herzfeld, a director at Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA), recently acquired shares in the company, according to a filing with the Securities and Exchange Commission. The fund, currently valued at $41.58 million, has shown strong momentum with a 28% price return over the past six months and offers an attractive 17.75% dividend yield. On March 10 and March 11, Herzfeld purchased a total of 2,366 shares of common stock. The shares were acquired at prices ranging from $2.5964 to $25.57, amounting to a total investment of $57,672. Following these transactions, Herzfeld’s direct ownership increased to 115,800 shares. According to InvestingPro, the fund trades at a P/E ratio of 12.69 and has delivered a 12.21% return year-to-date. For more detailed analysis and additional insights, subscribers can access 6 more ProTips on the platform.
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