Wolverine Asset Management LLC Buys 71,133 Shares of The Mexico Fund, Inc. (NYSE:MXF)

Wolverine Asset Management LLC grew its stake in shares of The Mexico Fund, Inc. (NYSE:MXF) by 95.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 145,595 shares of the investment management company’s stock after buying an additional 71,133 shares during the period. Wolverine Asset Management LLC owned approximately 0.99% of The Mexico Fund worth $1,922,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new position in The Mexico Fund during the 3rd quarter worth approximately $4,799,000. Matisse Capital boosted its position in shares of The Mexico Fund by 7.7% during the fourth quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock worth $2,574,000 after purchasing an additional 14,000 shares in the last quarter. Landscape Capital Management L.L.C. grew its holdings in shares of The Mexico Fund by 62.4% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company’s stock valued at $1,142,000 after buying an additional 29,079 shares during the period. Calamos Advisors LLC acquired a new position in shares of The Mexico Fund in the 4th quarter valued at $174,000. Finally, PFG Investments LLC acquired a new stake in The Mexico Fund during the 3rd quarter worth $174,000.

The Mexico Fund Price Performance

NYSE:MXF opened at $14.43 on Friday. The Mexico Fund, Inc. has a 1 year low of $12.99 and a 1 year high of $19.69. The stock has a 50-day moving average price of $13.77 and a two-hundred day moving average price of $14.29.

The Mexico Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $0.88 annualized dividend and a yield of 6.10%.

Insider Buying and Selling at The Mexico Fund

In related news, CEO Alberto Osorio acquired 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were acquired at an average cost of $13.53 per share, for a total transaction of $202,950.00. Following the completion of the acquisition, the chief executive officer now directly owns 115,195 shares in the company, valued at approximately $1,558,588.35. The trade was a 14.97 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.69% of the company’s stock.

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.