Allspring Global Investments Holdings LLC Raises Position in The Mexico Fund, Inc. (NYSE:MXF)

Allspring Global Investments Holdings LLC raised its stake in The Mexico Fund, Inc. (NYSE:MXF) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,687,120 shares of the investment management company’s stock after purchasing an additional 9,684 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in The Mexico Fund were worth $26,994,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Capital Wealth Advisors purchased a new stake in shares of The Mexico Fund during the fourth quarter valued at approximately $680,000. City of London Investment Management Co. Ltd. increased its position in shares of The Mexico Fund by 3.0% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 3,491,522 shares of the investment management company’s stock valued at $66,618,000 after acquiring an additional 101,431 shares during the last quarter. Quantedge Capital Pte Ltd increased its position in shares of The Mexico Fund by 20.9% during the fourth quarter. Quantedge Capital Pte Ltd now owns 39,901 shares of the investment management company’s stock valued at $761,000 after acquiring an additional 6,900 shares during the last quarter. Finally, Matisse Capital increased its position in shares of The Mexico Fund by 19.4% during the first quarter. Matisse Capital now owns 107,424 shares of the investment management company’s stock valued at $2,065,000 after acquiring an additional 17,424 shares during the last quarter.

Insider Buying and Selling at The Mexico Fund

In other news, Director Richard B. Vaughan acquired 2,000 shares of The Mexico Fund stock in a transaction on Tuesday, June 4th. The stock was acquired at an average cost of $16.62 per share, with a total value of $33,240.00. Following the completion of the acquisition, the director now owns 7,000 shares in the company, valued at $116,340. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.69% of the stock is owned by corporate insiders.

The Mexico Fund Stock Down 2.9 %

Shares of MXF opened at $14.74 on Wednesday. The stock has a 50 day moving average of $15.90 and a 200 day moving average of $17.36. The Mexico Fund, Inc. has a 12 month low of $14.48 and a 12 month high of $19.69.

The Mexico Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 25th. Shareholders of record on Wednesday, July 17th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 5.97%. The ex-dividend date of this dividend was Wednesday, July 17th.

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.