Richard B. Vaughan Acquires 4,000 Shares of The Mexico Fund, Inc. (NYSE:MXF) Stock

The Mexico Fund, Inc. (NYSE:MXF) Director Richard B. Vaughan acquired 4,000 shares of the stock in a transaction on Monday, April 22nd. The shares were acquired at an average price of $17.69 per share, with a total value of $70,760.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $88,450. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

The Mexico Fund Trading Down 0.3 %

MXF stock opened at $17.87 on Friday. The Mexico Fund, Inc. has a 52 week low of $14.77 and a 52 week high of $19.69. The company has a fifty day simple moving average of $18.54 and a two-hundred day simple moving average of $17.89.

The Mexico Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Shareholders of record on Wednesday, April 17th were given a dividend of $0.22 per share. The ex-dividend date was Tuesday, April 16th. This represents a $0.88 annualized dividend and a yield of 4.92%.

Hedge Funds Weigh In On The Mexico Fund

Several institutional investors have recently bought and sold shares of MXF. Oak Grove Capital LLC bought a new stake in shares of The Mexico Fund in the 3rd quarter worth about $188,000. HighTower Advisors LLC lifted its holdings in shares of The Mexico Fund by 6.1% in the 3rd quarter. HighTower Advisors LLC now owns 23,371 shares of the investment management company’s stock worth $388,000 after acquiring an additional 1,348 shares during the last quarter. Quantedge Capital Pte Ltd bought a new stake in shares of The Mexico Fund in the 3rd quarter worth about $544,000. Vanguard Capital Wealth Advisors bought a new stake in shares of The Mexico Fund in the 4th quarter worth about $680,000. Finally, Raymond James & Associates lifted its holdings in shares of The Mexico Fund by 47.7% in the 3rd quarter. Raymond James & Associates now owns 36,627 shares of the investment management company’s stock worth $603,000 after acquiring an additional 11,821 shares during the last quarter.

The Mexico Fund Company 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.