HighTower Advisors LLC Sells 5,081 Shares of The Mexico Fund, Inc. (NYSE:MXF)

HighTower Advisors LLC lessened its holdings in The Mexico Fund, Inc. (NYSE:MXF) by 27.3% during the third quarter, Holdings Channel.com reports. The firm owned 13,528 shares of the investment management company’s stock after selling 5,081 shares during the quarter. HighTower Advisors LLC’s holdings in The Mexico Fund were worth $195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MXF. Toth Financial Advisory Corp purchased a new position in shares of The Mexico Fund in the 3rd quarter worth about $66,000. PFG Investments LLC bought a new stake in The Mexico Fund during the 3rd quarter valued at about $174,000. Logan Stone Capital LLC increased its stake in The Mexico Fund by 152.2% during the 2nd quarter. Logan Stone Capital LLC now owns 69,711 shares of the investment management company’s stock valued at $1,115,000 after purchasing an additional 42,069 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in The Mexico Fund by 62.4% in the third quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company’s stock worth $1,142,000 after buying an additional 29,079 shares during the last quarter. Finally, Wolverine Asset Management LLC lifted its stake in shares of The Mexico Fund by 384.8% in the second quarter. Wolverine Asset Management LLC now owns 76,026 shares of the investment management company’s stock worth $1,216,000 after buying an additional 60,344 shares in the last quarter.

The Mexico Fund Trading Up 0.9 %

NYSE:MXF opened at $13.81 on Thursday. The company’s 50 day moving average price is $13.86 and its 200-day moving average price is $14.95. The Mexico Fund, Inc. has a 52 week low of $12.99 and a 52 week high of $19.69.

The Mexico Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Shareholders of record on Wednesday, January 22nd will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date is Wednesday, January 22nd.

The Mexico Fund 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.