La Calle Luis De Acquires 6,000 Shares of The Mexico Fund, Inc. (NYSE:MXF) Stock

The Mexico Fund, Inc. (NYSE:MXF) Director La Calle Luis De acquired 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average price of $14.32 per share, with a total value of $85,920.00. Following the completion of the acquisition, the director now owns 7,344 shares of the company’s stock, valued at $105,166.08. This represents a 446.43 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

The Mexico Fund Trading Up 1.5 %

NYSE:MXF opened at $14.49 on Friday. The Mexico Fund, Inc. has a 52-week low of $12.99 and a 52-week high of $19.69. The stock has a 50-day simple moving average of $13.95 and a 200 day simple moving average of $14.17.

The Mexico Fund Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 22nd will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $0.88 annualized dividend and a yield of 6.07%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Logan Stone Capital LLC boosted its position in The Mexico Fund by 11.8% during the fourth quarter. Logan Stone Capital LLC now owns 81,317 shares of the investment management company’s stock valued at $1,073,000 after purchasing an additional 8,606 shares during the last quarter. Blankinship & Foster LLC acquired a new stake in shares of The Mexico Fund in the third quarter valued at approximately $160,000. Calamos Advisors LLC acquired a new stake in shares of The Mexico Fund in the fourth quarter valued at approximately $174,000. Matisse Capital lifted its position in shares of The Mexico Fund by 7.7% in the fourth quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock valued at $2,574,000 after buying an additional 14,000 shares during the last quarter. Finally, Quantedge Capital Pte Ltd lifted its position in shares of The Mexico Fund by 28.4% in the fourth quarter. Quantedge Capital Pte Ltd now owns 92,284 shares of the investment management company’s stock valued at $1,218,000 after buying an additional 20,400 shares during the last quarter.

The Mexico Fund Company 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.