Private Advisor Group LLC grew its position in shares of MFS Intermediate Income Trust (NYSE:MIN – Free Report) by 47.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 210,700 shares of the financial services provider’s stock after buying an additional 67,500 shares during the quarter. Private Advisor Group LLC’s holdings in MFS Intermediate Income Trust were worth $573,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC acquired a new position in shares of MFS Intermediate Income Trust in the 2nd quarter worth approximately $62,000. Choreo LLC acquired a new position in MFS Intermediate Income Trust in the second quarter worth $73,000. Dakota Wealth Management grew its holdings in shares of MFS Intermediate Income Trust by 72.5% during the second quarter. Dakota Wealth Management now owns 71,700 shares of the financial services provider’s stock worth $191,000 after purchasing an additional 30,125 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of MFS Intermediate Income Trust by 11.9% in the first quarter. Janney Montgomery Scott LLC now owns 73,337 shares of the financial services provider’s stock valued at $195,000 after buying an additional 7,822 shares in the last quarter. Finally, Shaker Financial Services LLC increased its stake in shares of MFS Intermediate Income Trust by 30.6% in the second quarter. Shaker Financial Services LLC now owns 152,493 shares of the financial services provider’s stock valued at $406,000 after buying an additional 35,757 shares in the last quarter. Institutional investors and hedge funds own 50.90% of the company’s stock.
MFS Intermediate Income Trust Trading Up 0.7 %
Shares of NYSE MIN opened at $2.75 on Monday. MFS Intermediate Income Trust has a 12-month low of $2.52 and a 12-month high of $2.85. The firm’s 50-day simple moving average is $2.74 and its 200 day simple moving average is $2.69.
MFS Intermediate Income Trust Increases Dividend
About MFS Intermediate Income Trust
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.
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