La Calle Luis De Purchases 6,000 Shares of The Mexico Fund, Inc. (NYSE:MXF) Stock

The Mexico Fund, Inc. (NYSE:MXF) Director La Calle Luis De purchased 6,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of $14.32 per share, for a total transaction of $85,920.00. Following the purchase, the director now directly owns 7,344 shares of the company’s stock, valued at approximately $105,166.08. This represents a 446.43 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

The Mexico Fund Trading Up 1.5 %

Shares of The Mexico Fund stock opened at $14.49 on Friday. The firm’s 50-day simple moving average is $13.97 and its 200-day simple moving average is $14.16. The Mexico Fund, Inc. has a twelve month low of $12.99 and a twelve month high of $19.69.

The Mexico Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd will be issued a $0.22 dividend. The ex-dividend date is Tuesday, April 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.07%.

Hedge Funds Weigh In On The Mexico Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new position in The Mexico Fund during the third quarter worth $4,799,000. Almitas Capital LLC grew its holdings in shares of The Mexico Fund by 124.9% in the 4th quarter. Almitas Capital LLC now owns 317,846 shares of the investment management company’s stock worth $4,196,000 after purchasing an additional 176,498 shares during the last quarter. RPO LLC bought a new stake in shares of The Mexico Fund in the 4th quarter worth about $1,986,000. Boothbay Fund Management LLC acquired a new stake in shares of The Mexico Fund during the 4th quarter worth about $1,490,000. Finally, Wolverine Asset Management LLC lifted its holdings in The Mexico Fund by 95.5% during the 4th quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company’s stock valued at $1,922,000 after purchasing an additional 71,133 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.