Richard B. Vaughan Buys 4,000 Shares of The Mexico Fund, Inc. (NYSE:MXF) Stock

The Mexico Fund, Inc. (NYSE:MXF) Director Richard B. Vaughan purchased 4,000 shares of the stock in a transaction dated Monday, April 22nd. The shares were purchased at an average price of $17.69 per share, with a total value of $70,760.00. Following the completion of the acquisition, the director now owns 5,000 shares of the company’s stock, valued at $88,450. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

The Mexico Fund Stock Performance

MXF stock opened at $17.94 on Thursday. The Mexico Fund, Inc. has a 52-week low of $14.77 and a 52-week high of $19.69. The stock’s fifty day simple moving average is $18.55 and its 200-day simple moving average is $17.89.

The Mexico Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 25th. Stockholders of record on Wednesday, April 17th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 4.91%. The ex-dividend date is Tuesday, April 16th.

Institutional Investors Weigh In On The Mexico Fund

Several hedge funds have recently made changes to their positions in the business. Quantedge Capital Pte Ltd boosted its holdings in shares of The Mexico Fund by 20.9% during the fourth quarter. Quantedge Capital Pte Ltd now owns 39,901 shares of the investment management company’s stock worth $761,000 after purchasing an additional 6,900 shares during the last quarter. City of London Investment Management Co. Ltd. raised its position in shares of The Mexico Fund by 3.0% in the 4th quarter. City of London Investment Management Co. Ltd. now owns 3,491,522 shares of the investment management company’s stock worth $66,618,000 after buying an additional 101,431 shares during the period. Vanguard Capital Wealth Advisors purchased a new position in shares of The Mexico Fund in the 4th quarter worth $680,000. Almitas Capital LLC raised its position in shares of The Mexico Fund by 10.9% in the 3rd quarter. Almitas Capital LLC now owns 155,646 shares of the investment management company’s stock worth $2,563,000 after buying an additional 15,317 shares during the period. Finally, Oak Grove Capital LLC purchased a new position in shares of The Mexico Fund in the 3rd quarter worth $188,000.

The Mexico Fund Company Profile

The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.