Allspring Global Investments Holdings LLC lowered its stake in MFS Intermediate Income Trust (NYSE:MIN – Free Report) by 4.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,870,088 shares of the financial services provider’s stock after selling 360,494 shares during the period. Allspring Global Investments Holdings LLC owned approximately 6.89% of MFS Intermediate Income Trust worth $21,407,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Karpus Management Inc. grew its position in MFS Intermediate Income Trust by 50.6% in the first quarter. Karpus Management Inc. now owns 7,640,671 shares of the financial services provider’s stock valued at $20,324,000 after acquiring an additional 2,568,806 shares during the last quarter. Ameritas Advisory Services LLC grew its position in MFS Intermediate Income Trust by 37.6% in the second quarter. Ameritas Advisory Services LLC now owns 232,640 shares of the financial services provider’s stock valued at $619,000 after acquiring an additional 63,582 shares during the last quarter. Shaker Financial Services LLC grew its position in MFS Intermediate Income Trust by 30.6% in the second quarter. Shaker Financial Services LLC now owns 152,493 shares of the financial services provider’s stock valued at $406,000 after acquiring an additional 35,757 shares during the last quarter. Private Advisor Group LLC grew its position in MFS Intermediate Income Trust by 38.5% in the first quarter. Private Advisor Group LLC now owns 136,308 shares of the financial services provider’s stock valued at $363,000 after acquiring an additional 37,918 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in MFS Intermediate Income Trust by 11.9% in the first quarter. Janney Montgomery Scott LLC now owns 73,337 shares of the financial services provider’s stock valued at $195,000 after acquiring an additional 7,822 shares during the last quarter. Institutional investors own 50.90% of the company’s stock.
MFS Intermediate Income Trust Stock Performance
MFS Intermediate Income Trust stock opened at $2.71 on Friday. MFS Intermediate Income Trust has a 12-month low of $2.52 and a 12-month high of $2.85. The business’s 50-day moving average price is $2.74 and its two-hundred day moving average price is $2.68.
MFS Intermediate Income Trust Increases Dividend
MFS Intermediate Income Trust Profile
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.
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