Shaker Financial Services LLC Cuts Stock Position in The Mexico Fund, Inc. (NYSE:MXF)

Shaker Financial Services LLC trimmed its stake in shares of The Mexico Fund, Inc. (NYSE:MXFFree Report) by 7.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,216 shares of the investment management company’s stock after selling 2,000 shares during the period. Shaker Financial Services LLC owned 0.13% of The Mexico Fund worth $365,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MXF. Logan Stone Capital LLC boosted its stake in shares of The Mexico Fund by 152.2% in the second quarter. Logan Stone Capital LLC now owns 69,711 shares of the investment management company’s stock worth $1,115,000 after acquiring an additional 42,069 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in The Mexico Fund by 384.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 76,026 shares of the investment management company’s stock worth $1,216,000 after purchasing an additional 60,344 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of The Mexico Fund by 0.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,687,120 shares of the investment management company’s stock worth $26,994,000 after buying an additional 9,684 shares in the last quarter. Matisse Capital raised its position in shares of The Mexico Fund by 42.4% in the second quarter. Matisse Capital now owns 153,000 shares of the investment management company’s stock valued at $2,448,000 after buying an additional 45,576 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in shares of The Mexico Fund in the third quarter worth about $66,000.

The Mexico Fund Stock Up 2.6 %

Shares of NYSE MXF opened at $14.44 on Friday. The Mexico Fund, Inc. has a 12-month low of $13.51 and a 12-month high of $19.69. The company has a 50-day moving average of $14.77 and a 200 day moving average of $16.00.

The Mexico Fund Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 30th. Stockholders of record on Tuesday, October 22nd were given a $0.22 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.09%.

Insider Activity at The Mexico Fund

In related news, Director Claudia Janez acquired 2,576 shares of the stock in a transaction on Thursday, September 26th. The shares were bought at an average price of $15.46 per share, with a total value of $39,824.96. Following the completion of the purchase, the director now owns 2,576 shares of the company’s stock, valued at approximately $39,824.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.69% of the company’s stock.

The Mexico Fund Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for The Mexico Fund (NYSE:MXF)

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