MFS Charter Income Trust (NYSE:MCR) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp increased its holdings in shares of MFS Charter Income Trust (NYSE:MCR) by 13.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179,664 shares of the financial services provider’s stock after buying an additional 21,350 shares during the quarter. Stifel Financial Corp’s holdings in MFS Charter Income Trust were worth $1,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its holdings in MFS Charter Income Trust by 233.2% in the third quarter. Larson Financial Group LLC now owns 6,330 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 4,430 shares in the last quarter. Valley Brook Capital Group Inc. raised its position in shares of MFS Charter Income Trust by 15.8% in the 3rd quarter. Valley Brook Capital Group Inc. now owns 25,922 shares of the financial services provider’s stock valued at $170,000 after purchasing an additional 3,543 shares during the last quarter. L.M. Kohn & Company raised its position in shares of MFS Charter Income Trust by 27.6% in the 3rd quarter. L.M. Kohn & Company now owns 38,215 shares of the financial services provider’s stock valued at $251,000 after purchasing an additional 8,261 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in MFS Charter Income Trust by 107.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 38,347 shares of the financial services provider’s stock worth $240,000 after purchasing an additional 19,861 shares in the last quarter. Finally, Ashton Thomas Securities LLC grew its position in MFS Charter Income Trust by 7.2% during the 3rd quarter. Ashton Thomas Securities LLC now owns 44,750 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 3,000 shares during the last quarter.

MFS Charter Income Trust Stock Performance

Shares of MFS Charter Income Trust stock opened at $6.19 on Monday. The firm’s 50 day simple moving average is $6.32 and its two-hundred day simple moving average is $6.35. MFS Charter Income Trust has a 12-month low of $6.01 and a 12-month high of $6.70.

MFS Charter Income Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a $0.0455 dividend. The ex-dividend date of this dividend is Tuesday, December 17th.

MFS Charter Income Trust Profile

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S.