Almitas Capital LLC boosted its holdings in The Mexico Fund, Inc. (NYSE:MXF - Free Report) by 124.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 317,846 shares of the investment management company's stock after purchasing an additional 176,498 shares during the quarter. The Mexico Fund comprises 0.9% of Almitas Capital LLC's holdings, making the stock its 20th largest holding. Almitas Capital LLC owned 2.17% of The Mexico Fund worth $4,196,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Calamos Advisors LLC bought a new position in shares of The Mexico Fund during the fourth quarter valued at about $174,000. Rahlfs Capital LLC purchased a new stake in shares of The Mexico Fund in the fourth quarter worth about $276,000. Raymond James Financial Inc. bought a new position in The Mexico Fund in the 4th quarter worth about $651,000. Boothbay Fund Management LLC purchased a new position in The Mexico Fund in the 4th quarter worth approximately $1,490,000. Finally, Wolverine Asset Management LLC raised its position in The Mexico Fund by 95.5% during the fourth quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company's stock valued at $1,922,000 after purchasing an additional 71,133 shares in the last quarter.
The Mexico Fund Stock Up 2.4 %
Shares of NYSE:MXF traded up $0.37 on Tuesday, reaching $15.80. 64,248 shares of the company traded hands, compared to its average volume of 65,851. The Mexico Fund, Inc. has a 52 week low of $12.99 and a 52 week high of $18.93. The business's 50-day simple moving average is $14.54 and its 200 day simple moving average is $14.07.
The Mexico Fund Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date of this dividend was Tuesday, April 22nd.
Insider Buying and Selling at The Mexico Fund
In other The Mexico Fund news, Director La Calle Luis De acquired 6,000 shares of the business's stock in a transaction dated Thursday, March 13th. The stock was purchased at an average price of $14.32 per share, with a total value of $85,920.00. Following the transaction, the director now directly owns 7,344 shares in the company, valued at approximately $105,166.08. The trade was a 446.43 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.69% of the stock is owned by company insiders.
The Mexico Fund Profile
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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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