The Mexico Fund, Inc. (NYSE:MXF) Shares Sold by Shaker Financial Services LLC

Shaker Financial Services LLC lessened its holdings in The Mexico Fund, Inc. (NYSE:MXF) by 7.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,216 shares of the investment management company’s stock after selling 2,000 shares during the period. Shaker Financial Services LLC’s holdings in The Mexico Fund were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Toth Financial Advisory Corp acquired a new stake in The Mexico Fund in the 3rd quarter valued at approximately $66,000. PFG Investments LLC purchased a new position in shares of The Mexico Fund during the third quarter worth $174,000. Logan Stone Capital LLC grew its stake in shares of The Mexico Fund by 152.2% in the second 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 in the last quarter. Wolverine Asset Management LLC raised its holdings in shares of The Mexico Fund by 384.8% in the 2nd quarter. Wolverine Asset Management LLC now owns 76,026 shares of the investment management company’s stock valued at $1,216,000 after buying an additional 60,344 shares during the period. Finally, Matisse Capital lifted its stake in The Mexico Fund by 42.4% during the 2nd quarter. Matisse Capital now owns 153,000 shares of the investment management company’s stock worth $2,448,000 after acquiring an additional 45,576 shares in the last quarter.

Insiders Place Their Bets

In other The Mexico Fund news, Director Claudia Janez purchased 2,576 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was acquired at an average price of $15.46 per share, for a total transaction of $39,824.96. Following the completion of the purchase, the director now directly owns 2,576 shares in the company, valued at approximately $39,824.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.69% of the stock is owned by company insiders.

The Mexico Fund Stock Up 2.6 %

NYSE MXF opened at $14.44 on Friday. The stock has a 50-day moving average of $14.77 and a two-hundred day moving average of $16.00. The Mexico Fund, Inc. has a 1-year low of $13.51 and a 1-year high of $19.69.

The Mexico Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 30th. Investors of record on Tuesday, October 22nd were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 6.09%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.