Logan Stone Capital LLC Acquires 42,069 Shares of The Mexico Fund, Inc. (NYSE:MXF)

Logan Stone Capital LLC boosted its holdings in shares of The Mexico Fund, Inc. (NYSE:MXF) by 152.2% during the 2nd quarter, Holdings Channel reports. The firm owned 69,711 shares of the investment management company’s stock after buying an additional 42,069 shares during the period. Logan Stone Capital LLC’s holdings in The Mexico Fund were worth $1,115,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Quantedge Capital Pte Ltd lifted its holdings in shares of The Mexico Fund by 20.9% in the fourth quarter. Quantedge Capital Pte Ltd now owns 39,901 shares of the investment management company’s stock worth $761,000 after buying an additional 6,900 shares in the last quarter. Wolverine Asset Management LLC grew its stake in The Mexico Fund by 384.8% during the second quarter. Wolverine Asset Management LLC now owns 76,026 shares of the investment management company’s stock valued at $1,216,000 after acquiring an additional 60,344 shares in the last quarter. Matisse Capital lifted its stake in The Mexico Fund by 19.4% in the 1st quarter. Matisse Capital now owns 107,424 shares of the investment management company’s stock worth $2,065,000 after purchasing an additional 17,424 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of The Mexico Fund by 0.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,687,120 shares of the investment management company’s stock valued at $26,994,000 after purchasing an additional 9,684 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. grew its position in shares of The Mexico Fund by 0.3% during the first quarter. City of London Investment Management Co. Ltd. now owns 3,503,409 shares of the investment management company’s stock valued at $67,336,000 after purchasing an additional 11,887 shares in the last quarter.

Insider Activity

In other The Mexico Fund news, Director Claudia Janez purchased 2,576 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The shares were bought at an average price of $15.46 per share, with a total value of $39,824.96. Following the completion of the purchase, the director now directly owns 2,576 shares in the company, valued at $39,824.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.69% of the company’s stock.

The Mexico Fund Trading Up 1.1 %

NYSE:MXF opened at $15.39 on Friday. The business’s 50-day moving average is $15.28 and its 200 day moving average is $16.85. The Mexico Fund, Inc. has a 12 month low of $14.27 and a 12 month high of $19.69.

The Mexico Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 30th. Stockholders of record on Tuesday, October 22nd will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.72%.

About The Mexico Fund

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.