XTX Topco Ltd Sells 13,527 Shares of MFS Intermediate Income Trust (NYSE:MIN)

XTX Topco Ltd trimmed its holdings in MFS Intermediate Income Trust (NYSE:MIN) by 53.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,648 shares of the financial services provider’s stock after selling 13,527 shares during the quarter. XTX Topco Ltd’s holdings in MFS Intermediate Income Trust were worth $31,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new stake in MFS Intermediate Income Trust in the first quarter worth about $40,000. Advisory Services Network LLC acquired a new stake in shares of MFS Intermediate Income Trust during the 4th quarter worth approximately $45,000. Citadel Advisors LLC raised its stake in shares of MFS Intermediate Income Trust by 17.0% during the fourth quarter. Citadel Advisors LLC now owns 29,664 shares of the financial services provider’s stock worth $79,000 after buying an additional 4,310 shares during the last quarter. Cary Street Partners Financial LLC acquired a new position in shares of MFS Intermediate Income Trust in the 4th quarter valued at $95,000. Finally, Focus Partners Wealth bought a new position in shares of MFS Intermediate Income Trust in the 4th quarter worth $104,000. 50.90% of the stock is owned by institutional investors.

MFS Intermediate Income Trust Trading Down 0.7%

NYSE MIN opened at $2.69 on Friday. MFS Intermediate Income Trust has a 12 month low of $2.61 and a 12 month high of $2.79. The stock has a 50-day simple moving average of $2.67 and a 200 day simple moving average of $2.68.

MFS Intermediate Income Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Tuesday, August 19th will be issued a dividend of $0.0194 per share. The ex-dividend date is Tuesday, August 19th. This represents a c) dividend on an annualized basis and a yield of 8.7%.

MFS Intermediate Income Trust Company 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.