Ashton Thomas Securities LLC Acquires 3,000 Shares of MFS Charter Income Trust (NYSE:MCR)

Ashton Thomas Securities LLC boosted its holdings in MFS Charter Income Trust (NYSE:MCR) by 7.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,750 shares of the financial services provider’s stock after purchasing an additional 3,000 shares during the period. Ashton Thomas Securities LLC’s holdings in MFS Charter Income Trust were worth $294,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its stake in shares of MFS Charter Income Trust by 41.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,646,086 shares of the financial services provider’s stock worth $10,321,000 after purchasing an additional 484,529 shares during the period. International Assets Investment Management LLC increased its holdings in MFS Charter Income Trust by 557.0% during the third quarter. International Assets Investment Management LLC now owns 76,705 shares of the financial services provider’s stock worth $504,000 after buying an additional 65,030 shares during the last quarter. Shaker Financial Services LLC raised its position in MFS Charter Income Trust by 8.3% in the third quarter. Shaker Financial Services LLC now owns 448,297 shares of the financial services provider’s stock worth $2,945,000 after acquiring an additional 34,463 shares during the period. Concurrent Investment Advisors LLC boosted its stake in MFS Charter Income Trust by 107.4% in the second quarter. Concurrent Investment Advisors LLC now owns 38,347 shares of the financial services provider’s stock valued at $240,000 after acquiring an additional 19,861 shares during the last quarter. Finally, Atlas Private Wealth Advisors bought a new position in shares of MFS Charter Income Trust during the 2nd quarter valued at approximately $75,000.

MFS Charter Income Trust Trading Down 0.3 %

MFS Charter Income Trust stock opened at $6.37 on Tuesday. The business’s 50 day simple moving average is $6.42 and its 200 day simple moving average is $6.34. MFS Charter Income Trust has a 12 month low of $5.88 and a 12 month high of $6.70.

MFS Charter Income Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Tuesday, November 12th will be paid a dividend of $0.046 per share. The ex-dividend date is Tuesday, November 12th. This represents a $0.55 annualized dividend and a dividend yield of 8.66%.

MFS Charter Income Trust Profile

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S.