Almitas Capital LLC Sells 44,408 Shares of MFS High Income Municipal Trust (NYSE:CXE)

Almitas Capital LLC lessened its stake in shares of MFS High Income Municipal Trust (NYSE:CXE) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 722,553 shares of the company’s stock after selling 44,408 shares during the quarter. MFS High Income Municipal Trust comprises approximately 1.1% of Almitas Capital LLC’s holdings, making the stock its 28th largest position. Almitas Capital LLC’s holdings in MFS High Income Municipal Trust were worth $2,681,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Whitebox Advisors LLC bought a new stake in shares of MFS High Income Municipal Trust during the 2nd quarter worth about $394,000. Blue Bell Private Wealth Management LLC lifted its position in shares of MFS High Income Municipal Trust by 127.8% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 92,376 shares of the company’s stock worth $343,000 after purchasing an additional 51,828 shares during the last quarter. WMG Financial Advisors LLC acquired a new position in shares of MFS High Income Municipal Trust during the 2nd quarter worth about $78,000. Simplicity Wealth LLC acquired a new position in shares of MFS High Income Municipal Trust during the 2nd quarter worth about $91,000. Finally, Matisse Capital acquired a new position in shares of MFS High Income Municipal Trust during the 1st quarter worth about $265,000. Institutional investors own 34.37% of the company’s stock.

MFS High Income Municipal Trust Price Performance

NYSE CXE opened at $4.00 on Friday. MFS High Income Municipal Trust has a twelve month low of $2.95 and a twelve month high of $4.01. The stock has a 50-day simple moving average of $3.85 and a 200 day simple moving average of $3.70.

MFS High Income Municipal Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be given a dividend of $0.016 per share. The ex-dividend date is Tuesday, September 17th. This represents a $0.19 annualized dividend and a dividend yield of 4.80%.

MFS High Income Municipal Trust Company Profile

MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.