Mexico Fund, Inc. (The) (NYSE:MXF - Get Free Report) Director David Michael Satterfield acquired 691 shares of Mexico Fund stock in a transaction dated Friday, August 14th. The stock was purchased at an average price of $21.72 per share, with a total value of $15,008.52. Following the completion of the purchase, the director directly owned 691 shares of the company's stock, valued at $15,008.52. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Mexico Fund Trading Down 0.7%
NYSE:MXF opened at $21.34 on Tuesday. Mexico Fund, Inc. has a 1 year low of $17.81 and a 1 year high of $23.00. The firm's fifty day simple moving average is $21.67 and its 200 day simple moving average is $21.66.
Mexico Fund Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Wednesday, July 22nd were paid a dividend of $0.35 per share. The ex-dividend date was Wednesday, July 22nd. This represents a $1.40 annualized dividend and a yield of 6.6%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of MXF. Farther Finance Advisors LLC boosted its position in shares of Mexico Fund by 775.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,348 shares of the investment management company's stock valued at $27,000 after acquiring an additional 1,194 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Mexico Fund in the second quarter worth $33,000. Uhlmann Price Securities LLC increased its position in Mexico Fund by 1.9% during the first quarter. Uhlmann Price Securities LLC now owns 107,154 shares of the investment management company's stock worth $2,243,000 after acquiring an additional 2,013 shares during the period. Calamos Advisors LLC increased its position in Mexico Fund by 13.5% during the first quarter. Calamos Advisors LLC now owns 21,299 shares of the investment management company's stock worth $446,000 after acquiring an additional 2,535 shares during the period. Finally, Blue Bell Private Wealth Management LLC raised its stake in Mexico Fund by 109.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 5,235 shares of the investment management company's stock valued at $105,000 after purchasing an additional 2,735 shares during the last quarter.
About Mexico Fund
(
Get Free Report)
The Mexico Fund, Inc (NYSE: MXF) is a closed-end management investment company that seeks long-term capital appreciation through exposure to Mexican securities. The fund primarily invests in equity instruments of companies organized or principally operating in Mexico, spanning a range of sectors such as financial services, consumer goods, industrials and energy. It may also allocate portions of its portfolio to fixed-income securities, including government and corporate bonds, when attractive opportunities arise.
Launched in 1991 and incorporated under Maryland law, The Mexico Fund offers U.S.
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