20,875 Shares in The Mexico Fund, Inc. (NYSE:MXF) Acquired by Rahlfs Capital LLC

Rahlfs Capital LLC acquired a new position in shares of The Mexico Fund, Inc. (NYSE:MXF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 20,875 shares of the investment management company's stock, valued at approximately $276,000. Rahlfs Capital LLC owned 0.14% of The Mexico Fund as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Blankinship & Foster LLC purchased a new position in shares of The Mexico Fund in the 3rd quarter valued at about $160,000. Calamos Advisors LLC purchased a new stake in shares of The Mexico Fund during the 4th quarter worth approximately $174,000. Raymond James Financial Inc. acquired a new stake in shares of The Mexico Fund during the fourth quarter worth about $651,000. Wolverine Asset Management LLC raised its holdings in shares of The Mexico Fund by 95.5% in the fourth quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company's stock valued at $1,922,000 after buying an additional 71,133 shares during the last quarter. Finally, RPO LLC purchased a new position in shares of The Mexico Fund in the 4th quarter valued at approximately $1,986,000.

The Mexico Fund Stock Performance

NYSE:MXF traded down $0.28 during midday trading on Thursday, reaching $13.87. The stock had a trading volume of 89,268 shares, compared to its average volume of 61,794. The Mexico Fund, Inc. has a 12-month low of $12.99 and a 12-month high of $19.16. The firm has a fifty day simple moving average of $14.27 and a two-hundred day simple moving average of $14.08.

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The Mexico Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 6.35%. The ex-dividend date is Tuesday, April 22nd.

Insiders Place Their Bets

In other news, Director La Calle Luis De purchased 6,000 shares of the business's stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of $14.32 per share, with a total value of $85,920.00. Following the purchase, the director now directly owns 7,344 shares of the company's stock, valued at $105,166.08. This represents a 446.43 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Alberto Osorio bought 15,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were bought at an average price of $13.53 per share, for a total transaction of $202,950.00. Following the acquisition, the chief executive officer now owns 115,195 shares in the company, valued at $1,558,588.35. The trade was a 14.97 % increase in their position. The disclosure for this purchase can be found here. Insiders own 2.69% of the company's stock.

The Mexico Fund Profile

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.