HighTower Advisors LLC Sells 5,081 Shares of The Mexico Fund, Inc. (NYSE:MXF)

HighTower Advisors LLC lowered its stake in The Mexico Fund, Inc. (NYSE:MXF) by 27.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 13,528 shares of the investment management company’s stock after selling 5,081 shares during the quarter. HighTower Advisors LLC owned 0.07% of The Mexico Fund worth $195,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Logan Stone Capital LLC raised its holdings in The Mexico Fund by 152.2% during the 2nd quarter. Logan Stone Capital LLC now owns 69,711 shares of the investment management company’s stock valued at $1,115,000 after buying an additional 42,069 shares during the last quarter. Wolverine Asset Management LLC raised its stake in shares of The Mexico Fund by 384.8% during the second quarter. Wolverine Asset Management LLC now owns 76,026 shares of the investment management company’s stock valued at $1,216,000 after acquiring an additional 60,344 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of The Mexico Fund by 0.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,687,120 shares of the investment management company’s stock valued at $26,994,000 after acquiring an additional 9,684 shares during the last quarter. Matisse Capital boosted its holdings in shares of The Mexico Fund by 42.4% during the second quarter. Matisse Capital now owns 153,000 shares of the investment management company’s stock worth $2,448,000 after purchasing an additional 45,576 shares during the period. Finally, Toth Financial Advisory Corp bought a new stake in shares of The Mexico Fund in the third quarter worth about $66,000.

The Mexico Fund Stock Up 0.9 %

MXF opened at $13.81 on Thursday. The Mexico Fund, Inc. has a one year low of $12.99 and a one year high of $19.69. The business has a 50 day simple moving average of $13.86 and a two-hundred day simple moving average of $14.95.

The Mexico Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.37%.

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.