Boothbay Fund Management LLC Buys Shares of 112,864 The Mexico Fund, Inc. (NYSE:MXF)

Boothbay Fund Management LLC acquired a new position in The Mexico Fund, Inc. (NYSE:MXF - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 112,864 shares of the investment management company's stock, valued at approximately $1,490,000. Boothbay Fund Management LLC owned approximately 0.77% of The Mexico Fund at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MXF. 1607 Capital Partners LLC increased its stake in shares of The Mexico Fund by 22.8% in the 4th quarter. 1607 Capital Partners LLC now owns 246,686 shares of the investment management company's stock worth $3,256,000 after acquiring an additional 45,845 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in The Mexico Fund in the fourth quarter worth about $651,000. Rahlfs Capital LLC bought a new position in shares of The Mexico Fund during the fourth quarter valued at approximately $276,000. RPO LLC purchased a new position in shares of The Mexico Fund during the fourth quarter valued at approximately $1,986,000. Finally, Wolverine Asset Management LLC boosted its position in shares of The Mexico Fund by 95.5% in the 4th quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company's stock worth $1,922,000 after purchasing an additional 71,133 shares in the last quarter.

The Mexico Fund Trading Up 0.1 %

The Mexico Fund stock traded up $0.02 during mid-day trading on Friday, hitting $15.50. The company had a trading volume of 43,299 shares, compared to its average volume of 65,694. The Mexico Fund, Inc. has a 12 month low of $12.99 and a 12 month high of $18.93. The stock's 50 day moving average price is $14.51 and its two-hundred day moving average price is $14.06.

The Mexico Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, April 22nd. This represents a $0.88 dividend on an annualized basis and a yield of 5.68%.

Insider Transactions at The Mexico Fund

In related news, Director La Calle Luis De acquired 6,000 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of $14.32 per share, with a total value of $85,920.00. Following the completion of the acquisition, the director now directly owns 7,344 shares of the company's stock, valued at approximately $105,166.08. This trade represents a 446.43 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.69% of the company's stock.

About The Mexico Fund

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.