Kovitz Investment Group Partners LLC lowered its position in MFS Charter Income Trust (NYSE:MCR) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 520,602 shares of the financial services provider’s stock after selling 13,795 shares during the quarter. Kovitz Investment Group Partners LLC owned 1.04% of MFS Charter Income Trust worth $4,415,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new position in shares of MFS Charter Income Trust in the 2nd quarter worth approximately $122,000. First Allied Advisory Services Inc. bought a new position in MFS Charter Income Trust in the 4th quarter valued at $132,000. Landscape Capital Management L.L.C. boosted its position in MFS Charter Income Trust by 33.5% in the 4th quarter. Landscape Capital Management L.L.C. now owns 68,802 shares of the financial services provider’s stock valued at $583,000 after buying an additional 17,246 shares during the last quarter. Two Sigma Securities LLC bought a new position in MFS Charter Income Trust in the 4th quarter valued at $179,000. Finally, Stifel Financial Corp boosted its position in MFS Charter Income Trust by 10.7% in the 3rd quarter. Stifel Financial Corp now owns 233,181 shares of the financial services provider’s stock valued at $2,026,000 after buying an additional 22,518 shares during the last quarter.
NYSE:MCR opened at $8.12 on Friday. MFS Charter Income Trust has a 12-month low of $8.00 and a 12-month high of $8.76.
The business also recently declared a monthly dividend, which will be paid on Monday, April 30th. Stockholders of record on Wednesday, April 18th will be given a $0.0597 dividend. The ex-dividend date of this dividend is Tuesday, April 17th. This represents a $0.72 annualized dividend and a dividend yield of 8.82%.
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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.
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