National Asset Management Inc. Has $82,000 Stake in MFS Charter Income Trust (NYSE:MCR)

National Asset Management Inc. decreased its position in shares of MFS Charter Income Trust (NYSE:MCRGet Rating) by 15.8% in the first quarter, Holdings Channel reports. The fund owned 11,135 shares of the financial services provider’s stock after selling 2,091 shares during the period. National Asset Management Inc.’s holdings in MFS Charter Income Trust were worth $82,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Comprehensive Financial Consultants Institutional Inc. acquired a new position in shares of MFS Charter Income Trust during the fourth quarter valued at about $45,000. Cambridge Investment Research Advisors Inc. raised its position in shares of MFS Charter Income Trust by 71.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 19,029 shares of the financial services provider’s stock valued at $162,000 after buying an additional 7,934 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of MFS Charter Income Trust during the first quarter valued at about $333,000. Advisor Group Holdings Inc. raised its position in shares of MFS Charter Income Trust by 2.8% during the fourth quarter. Advisor Group Holdings Inc. now owns 58,143 shares of the financial services provider’s stock valued at $495,000 after buying an additional 1,607 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of MFS Charter Income Trust by 35.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 67,018 shares of the financial services provider’s stock valued at $571,000 after buying an additional 17,676 shares during the last quarter.

MFS Charter Income Trust Stock Up 1.3 %

Shares of MCR opened at $6.84 on Tuesday. The company has a 50-day simple moving average of $6.46 and a 200-day simple moving average of $6.96. MFS Charter Income Trust has a 52 week low of $6.12 and a 52 week high of $8.76.

MFS Charter Income Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 29th. Stockholders of record on Wednesday, July 20th were given a dividend of $0.047 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.25%. The ex-dividend date was Tuesday, July 19th.

MFS Charter Income Trust Profile

(Get Rating)

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S.

See Also

Want to see what other hedge funds are holding MCR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MFS Charter Income Trust (NYSE:MCRGet Rating).

Institutional Ownership by Quarter for MFS Charter Income Trust (NYSE:MCR)

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