Stifel Financial Corp Has $2.03 Million Position in MFS Charter Income Trust (NYSE:MCR)

Stifel Financial Corp increased its position in MFS Charter Income Trust (NYSE:MCR) by 10.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,181 shares of the financial services provider’s stock after purchasing an additional 22,518 shares during the period. Stifel Financial Corp owned approximately 0.47% of MFS Charter Income Trust worth $2,026,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new stake in shares of MFS Charter Income Trust during the 2nd quarter valued at about $122,000. Doliver Capital Advisors LP increased its position in shares of MFS Charter Income Trust by 3.9% during the 2nd quarter. Doliver Capital Advisors LP now owns 47,587 shares of the financial services provider’s stock valued at $411,000 after purchasing an additional 1,782 shares during the last quarter. Advisor Group Inc. increased its position in shares of MFS Charter Income Trust by 134.0% during the 2nd quarter. Advisor Group Inc. now owns 55,832 shares of the financial services provider’s stock valued at $482,000 after purchasing an additional 31,976 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of MFS Charter Income Trust by 0.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 68,337 shares of the financial services provider’s stock valued at $590,000 after purchasing an additional 262 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of MFS Charter Income Trust by 18.9% during the 2nd quarter. HighTower Advisors LLC now owns 150,780 shares of the financial services provider’s stock valued at $1,301,000 after purchasing an additional 23,979 shares during the last quarter.

MFS Charter Income Trust (MCR) traded down $0.04 during midday trading on Friday, hitting $8.47. 170,088 shares of the stock traded hands, compared to its average volume of 131,038. MFS Charter Income Trust has a 12-month low of $8.29 and a 12-month high of $8.76.

The company also recently announced a monthly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th will be issued a $0.062 dividend. This represents a $0.74 annualized dividend and a yield of 8.78%. This is a positive change from MFS Charter Income Trust’s previous monthly dividend of $0.06. The ex-dividend date of this dividend is Tuesday, January 16th.

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About MFS Charter Income Trust

MFS Charter Income Trust (Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund normally invests in debt instruments. The Fund also invests in corporate bonds of the United States and/or foreign issuers, the United States Government securities, foreign government securities, mortgage-backed and other asset-backed securities and/or debt instruments of issuers located in emerging market countries.

Institutional Ownership by Quarter for MFS Charter Income Trust (NYSE:MCR)

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