Wealth Enhancement Advisory Services LLC Makes New $49,000 Investment in MFS Multimarket Income Trust (NYSE:MMT)

Wealth Enhancement Advisory Services LLC bought a new position in MFS Multimarket Income Trust (NYSE:MMT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,348 shares of the closed-end fund’s stock, valued at approximately $49,000.

A number of other institutional investors have also bought and sold shares of the business. Commonwealth Equity Services LLC raised its position in shares of MFS Multimarket Income Trust by 4.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 183,356 shares of the closed-end fund’s stock valued at $860,000 after buying an additional 7,055 shares during the period. Cetera Investment Advisers raised its position in shares of MFS Multimarket Income Trust by 8.3% during the 4th quarter. Cetera Investment Advisers now owns 176,474 shares of the closed-end fund’s stock valued at $828,000 after buying an additional 13,507 shares during the period. Citadel Advisors LLC purchased a new stake in shares of MFS Multimarket Income Trust during the 4th quarter valued at approximately $68,000. Broadway Wealth Solutions Inc. purchased a new stake in shares of MFS Multimarket Income Trust during the 4th quarter valued at approximately $70,000. Finally, Schwarz Dygos Wheeler Investment Advisors LLC purchased a new stake in shares of MFS Multimarket Income Trust during the 4th quarter valued at approximately $72,000. 18.97% of the stock is owned by hedge funds and other institutional investors.

MFS Multimarket Income Trust Stock Down 0.2%

MMT stock opened at $4.60 on Thursday. The firm’s 50 day moving average price is $4.58 and its 200-day moving average price is $4.63. MFS Multimarket Income Trust has a one year low of $4.31 and a one year high of $4.90.

MFS Multimarket Income Trust Dividend Announcement

The company also recently declared a — dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be given a dividend of $0.033 per share. This represents a dividend yield of 8.7%. The ex-dividend date is Tuesday, June 17th.

MFS Multimarket Income Trust Company Profile

MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.