Rpo LLC Buys New Stake in The Mexico Fund, Inc. (NYSE:MXF)

Rpo LLC purchased a new stake in The Mexico Fund, Inc. (NYSE:MXF) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 150,485 shares of the investment management company’s stock, valued at approximately $1,986,000. The Mexico Fund comprises about 1.8% of Rpo LLC’s portfolio, making the stock its 6th largest holding. Rpo LLC owned approximately 1.03% of The Mexico Fund as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Blankinship & Foster LLC purchased a new position in shares of The Mexico Fund in the third quarter valued at $160,000. Calamos Advisors LLC bought a new position in The Mexico Fund during the fourth quarter valued at $174,000. Matisse Capital grew its stake in shares of The Mexico Fund by 7.7% in the 4th quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock worth $2,574,000 after buying an additional 14,000 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of The Mexico Fund in the 4th quarter worth about $651,000. Finally, Wolverine Asset Management LLC raised its position in shares of The Mexico Fund by 95.5% during the 4th quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company’s stock valued at $1,922,000 after buying an additional 71,133 shares in the last quarter.

The Mexico Fund Trading Up 0.3 %

MXF opened at $14.46 on Thursday. The stock has a 50-day moving average of $14.25 and a 200 day moving average of $14.14. The Mexico Fund, Inc. has a 12 month low of $12.99 and a 12 month high of $19.69.

The Mexico Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Tuesday, April 22nd.

Insider Activity

In other news, Director La Calle Luis De acquired 6,000 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of $14.32 per share, with a total value of $85,920.00. Following the completion of the purchase, the director now directly owns 7,344 shares of the company’s stock, valued at $105,166.08. This represents a 446.43 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Alberto Osorio acquired 15,000 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average price of $13.53 per share, for a total transaction of $202,950.00. Following the transaction, the chief executive officer now directly owns 115,195 shares of the company’s stock, valued at approximately $1,558,588.35. The trade was a 14.97 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate 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.