Shares of The Mexico Fund, Inc. (NYSE:MXF - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.31 and traded as high as $14.69. The Mexico Fund shares last traded at $14.66, with a volume of 48,230 shares traded.
The Mexico Fund Price Performance
The business's 50 day moving average is $13.73 and its 200 day moving average is $14.29.
The Mexico Fund Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Wednesday, January 22nd were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date was Wednesday, January 22nd.
Insider Buying and Selling
In other The Mexico Fund news, CEO Alberto Osorio acquired 15,000 shares of the firm's stock in a transaction on Wednesday, January 22nd. The stock was acquired at an average cost of $13.53 per share, for a total transaction of $202,950.00. Following the purchase, the chief executive officer now owns 115,195 shares in the company, valued at approximately $1,558,588.35. The trade was a 14.97 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.69% of the stock is owned by company insiders.
Institutional Trading of The Mexico Fund
Institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio acquired a new stake in The Mexico Fund during the 3rd quarter valued at approximately $4,799,000. Calamos Advisors LLC acquired a new position in shares of The Mexico Fund in the 4th quarter valued at $174,000. Matisse Capital lifted its stake in shares of The Mexico Fund by 7.7% in the 4th quarter. Matisse Capital now owns 195,000 shares of the investment management company's stock valued at $2,574,000 after purchasing an additional 14,000 shares during the period. Blankinship & Foster LLC acquired a new position in shares of The Mexico Fund in the 3rd quarter valued at $160,000. Finally, Toth Financial Advisory Corp acquired a new position in shares of The Mexico Fund in the 3rd quarter valued at $66,000.
About The Mexico Fund
(
Get 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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