The Mexico Fund, Inc. (NYSE:MXF - Get Free Report)'s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $15.17 and traded as high as $16.98. The Mexico Fund shares last traded at $16.73, with a volume of 38,263 shares traded.
The Mexico Fund Stock Down 1.5%
The firm's 50-day moving average price is $15.30 and its two-hundred day moving average price is $14.36.
The Mexico Fund Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 5.28%. The ex-dividend date was Tuesday, April 22nd.
Insider Transactions at The Mexico Fund
In related news, Director La Calle Luis De purchased 6,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $14.32 per share, for a total transaction of $85,920.00. Following the completion of the acquisition, the director now owns 7,344 shares in the company, valued at $105,166.08. This trade represents a 446.43% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.69% of the stock is currently owned by insiders.
Institutional Trading of The Mexico Fund
Institutional investors have recently made changes to their positions in the stock. Greykasell Wealth Strategies Inc. acquired a new stake in The Mexico Fund in the first quarter valued at approximately $46,000. Logan Stone Capital LLC lifted its stake in The Mexico Fund by 11.8% in the fourth quarter. Logan Stone Capital LLC now owns 81,317 shares of the investment management company's stock valued at $1,073,000 after acquiring an additional 8,606 shares during the last quarter. Matisse Capital lifted its stake in The Mexico Fund by 5.1% in the first quarter. Matisse Capital now owns 205,000 shares of the investment management company's stock valued at $2,917,000 after acquiring an additional 10,000 shares during the last quarter. Calamos Advisors LLC acquired a new stake in The Mexico Fund in the fourth quarter valued at approximately $174,000. Finally, Landscape Capital Management L.L.C. lifted its stake in The Mexico Fund by 34.9% in the first quarter. Landscape Capital Management L.L.C. now owns 73,799 shares of the investment management company's stock valued at $1,050,000 after acquiring an additional 19,109 shares during the last quarter.
About The Mexico Fund
(
Get 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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