Matisse Capital Buys 14,000 Shares of The Mexico Fund, Inc. (NYSE:MXF)

Matisse Capital grew its position in shares of The Mexico Fund, Inc. (NYSE:MXF) by 7.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 195,000 shares of the investment management company’s stock after buying an additional 14,000 shares during the quarter. The Mexico Fund makes up about 1.3% of Matisse Capital’s investment portfolio, making the stock its 21st biggest position. Matisse Capital owned 1.05% of The Mexico Fund worth $2,574,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new position in The Mexico Fund in the third quarter valued at about $4,799,000. Blankinship & Foster LLC acquired a new position in shares of The Mexico Fund during the third quarter worth about $160,000. Toth Financial Advisory Corp bought a new position in shares of The Mexico Fund during the 3rd quarter worth approximately $66,000. PFG Investments LLC acquired a new stake in The Mexico Fund in the 3rd quarter valued at $174,000. Finally, Landscape Capital Management L.L.C. raised its stake in shares of The Mexico Fund by 62.4% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company’s stock worth $1,142,000 after purchasing an additional 29,079 shares in the last quarter.

The Mexico Fund Stock Up 2.9 %

MXF opened at $13.90 on Tuesday. The Mexico Fund, Inc. has a 12-month low of $12.99 and a 12-month high of $19.69. The business has a 50 day moving average of $13.59 and a 200-day moving average of $14.41.

The Mexico Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Wednesday, January 22nd were given a $0.22 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.33%.

Insider Buying and Selling at The Mexico Fund

In other The Mexico Fund news, CEO Alberto Osorio purchased 15,000 shares of the stock in a transaction dated Wednesday, January 22nd. The stock was bought at an average price of $13.53 per share, with a total value of $202,950.00. Following the acquisition, the chief executive officer now owns 115,195 shares of the company’s stock, valued at approximately $1,558,588.35. This represents a 14.97 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.69% of the company’s stock.

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.