The Mexico Fund, Inc. (NYSE:MXF) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its position in The Mexico Fund, Inc. (NYSE:MXF) by 11.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,498,962 shares of the investment management company’s stock after selling 188,158 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.08% of The Mexico Fund worth $22,619,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Logan Stone Capital LLC raised its stake in The Mexico Fund by 152.2% in 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 during the last quarter. Wolverine Asset Management LLC raised its stake in The Mexico Fund by 384.8% in the 2nd quarter. Wolverine Asset Management LLC now owns 76,026 shares of the investment management company’s stock valued at $1,216,000 after purchasing an additional 60,344 shares during the last quarter. Matisse Capital grew its holdings in The Mexico Fund by 42.4% in the 2nd quarter. Matisse Capital now owns 153,000 shares of the investment management company’s stock valued at $2,448,000 after buying an additional 45,576 shares during the period. Finally, City of London Investment Management Co. Ltd. grew its holdings in The Mexico Fund by 0.3% in the 1st 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 buying an additional 11,887 shares during the period.

The Mexico Fund Stock Performance

MXF opened at $14.34 on Friday. The business has a 50-day moving average of $15.01 and a two-hundred day moving average of $16.31. The Mexico Fund, Inc. has a 12 month low of $14.27 and a 12 month high of $19.69.

The Mexico Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 30th. Shareholders of record on Tuesday, October 22nd will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 6.14%. The ex-dividend date is Tuesday, October 22nd.

Insider Buying and Selling at The Mexico Fund

In other The Mexico Fund news, Director Claudia Janez purchased 2,576 shares of the stock in a transaction on Thursday, September 26th. The stock was bought at an average price of $15.46 per share, for a total transaction of $39,824.96. Following the acquisition, the director now directly owns 2,576 shares of the company’s stock, valued at $39,824.96. The purchase was disclosed in a filing with the SEC, which is available at this link. 2.69% of the stock is owned by company insiders.

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.