MFS High Income Municipal Trust (NYSE:CXE) Shares Sold by WMG Financial Advisors LLC

WMG Financial Advisors LLC lessened its holdings in shares of MFS High Income Municipal Trust (NYSE:CXE) by 23.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,200 shares of the company’s stock after selling 4,900 shares during the quarter. WMG Financial Advisors LLC’s holdings in MFS High Income Municipal Trust were worth $60,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Noble Wealth Management PBC acquired a new stake in MFS High Income Municipal Trust in the fourth quarter valued at approximately $501,000. Melfa Wealth Management Inc. grew its position in MFS High Income Municipal Trust by 13.0% in the fourth quarter. Melfa Wealth Management Inc. now owns 150,188 shares of the company’s stock valued at $553,000 after acquiring an additional 17,295 shares in the last quarter. Whitebox Advisors LLC grew its position in MFS High Income Municipal Trust by 9.9% in the third quarter. Whitebox Advisors LLC now owns 116,625 shares of the company’s stock valued at $467,000 after acquiring an additional 10,475 shares in the last quarter. HighTower Advisors LLC grew its position in MFS High Income Municipal Trust by 30.5% in the third quarter. HighTower Advisors LLC now owns 19,138 shares of the company’s stock valued at $77,000 after acquiring an additional 4,468 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC grew its position in MFS High Income Municipal Trust by 28.7% in the third quarter. Horizon Kinetics Asset Management LLC now owns 35,414 shares of the company’s stock valued at $142,000 after acquiring an additional 7,900 shares in the last quarter. Institutional investors and hedge funds own 34.37% of the company’s stock.

MFS High Income Municipal Trust Stock Up 0.7 %

Shares of NYSE:CXE opened at $3.85 on Tuesday. The company has a 50 day moving average of $3.73 and a two-hundred day moving average of $3.81. MFS High Income Municipal Trust has a 52-week low of $3.46 and a 52-week high of $4.03.

MFS High Income Municipal Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.016 per share. This represents a $0.19 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend was Tuesday, February 18th.

MFS High Income Municipal Trust 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.