MFS High Income Municipal Trust $CXE Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its position in MFS High Income Municipal Trust (NYSE:CXE) by 41.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,101 shares of the company’s stock after selling 63,333 shares during the quarter. Truist Financial Corp owned about 0.24% of MFS High Income Municipal Trust worth $319,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Almitas Capital LLC lifted its holdings in shares of MFS High Income Municipal Trust by 13.6% in the first quarter. Almitas Capital LLC now owns 1,047,002 shares of the company’s stock valued at $3,863,000 after buying an additional 125,165 shares during the period. Thomas J. Herzfeld Advisors Inc. raised its position in shares of MFS High Income Municipal Trust by 23.5% during the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 93,879 shares of the company’s stock worth $346,000 after purchasing an additional 17,843 shares during the period. Quantum Financial Planning Services Inc. acquired a new position in MFS High Income Municipal Trust during the first quarter valued at $114,000. Catalina Capital Group LLC acquired a new position in MFS High Income Municipal Trust during the first quarter valued at $109,000. Finally, NewEdge Advisors LLC acquired a new position in MFS High Income Municipal Trust during the first quarter valued at $84,000. Institutional investors and hedge funds own 34.37% of the company’s stock.

MFS High Income Municipal Trust Stock Up 0.3%

Shares of CXE stock opened at $3.69 on Friday. MFS High Income Municipal Trust has a fifty-two week low of $3.38 and a fifty-two week high of $4.00. The stock’s 50-day moving average is $3.64 and its two-hundred day moving average is $3.57.

MFS High Income Municipal Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 14th will be given a $0.018 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Tuesday, October 14th.

About MFS High Income Municipal Trust

MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.