Allspring Global Investments Holdings LLC decreased its position in shares of The Mexico Fund, Inc. (NYSE:MXF - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,351,818 shares of the investment management company's stock after selling 147,144 shares during the period. Allspring Global Investments Holdings LLC owned 7.27% of The Mexico Fund worth $17,844,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in MXF. Toth Financial Advisory Corp acquired a new position in The Mexico Fund in the third quarter worth approximately $66,000. PFG Investments LLC acquired a new position in The Mexico Fund in the third quarter worth approximately $174,000. Landscape Capital Management L.L.C. grew its position in The Mexico Fund by 62.4% in the third quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company's stock worth $1,142,000 after buying an additional 29,079 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in The Mexico Fund in the third quarter worth approximately $4,799,000. Finally, Blankinship & Foster LLC acquired a new position in The Mexico Fund in the third quarter worth approximately $160,000.
Insiders Place Their Bets
In other news, CEO Alberto Osorio acquired 15,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average cost of $13.53 per share, for a total transaction of $202,950.00. Following the transaction, the chief executive officer now owns 115,195 shares in the company, valued at approximately $1,558,588.35. This trade represents a 14.97 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.69% of the company's stock.
The Mexico Fund Trading Up 0.6 %
The Mexico Fund stock traded up $0.09 during mid-day trading on Thursday, hitting $14.62. The company's stock had a trading volume of 90,632 shares, compared to its average volume of 82,843. The Mexico Fund, Inc. has a twelve month low of $12.99 and a twelve month high of $19.69. The stock's fifty day moving average price is $13.75 and its two-hundred day moving average price is $14.29.
The Mexico Fund Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Wednesday, January 22nd were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 6.02%. The ex-dividend date was Wednesday, January 22nd.
The Mexico Fund Company Profile
(
Free Report)
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.
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