Wolverine Asset Management LLC Buys 71,133 Shares of The Mexico Fund, Inc. (NYSE:MXF)

Wolverine Asset Management LLC grew its stake in shares of The Mexico Fund, Inc. (NYSE:MXF) by 95.5% during the 4th quarter, Holdings Channel reports. The firm owned 145,595 shares of the investment management company’s stock after buying an additional 71,133 shares during the period. Wolverine Asset Management LLC’s holdings in The Mexico Fund were worth $1,922,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MXF. Public Employees Retirement System of Ohio acquired a new position in The Mexico Fund during the third quarter worth $4,799,000. Matisse Capital lifted its stake in The Mexico Fund by 7.7% in the fourth quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock valued at $2,574,000 after acquiring an additional 14,000 shares during the last quarter. Landscape Capital Management L.L.C. grew its position in shares of The Mexico Fund by 62.4% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company’s stock valued at $1,142,000 after acquiring an additional 29,079 shares during the period. Calamos Advisors LLC acquired a new position in shares of The Mexico Fund during the 4th quarter worth about $174,000. Finally, PFG Investments LLC bought a new stake in shares of The Mexico Fund in the 3rd quarter valued at about $174,000.

Insiders Place Their Bets

In related news, CEO Alberto Osorio acquired 15,000 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were bought at an average cost of $13.53 per share, with a total value of $202,950.00. Following the completion of the transaction, the chief executive officer now directly owns 115,195 shares of the company’s stock, valued at $1,558,588.35. This trade represents a 14.97 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.69% of the company’s stock.

The Mexico Fund Price Performance

Shares of NYSE MXF opened at $14.43 on Friday. The business’s 50 day moving average price is $13.77 and its two-hundred day moving average price is $14.29. The Mexico Fund, Inc. has a twelve month low of $12.99 and a twelve month high of $19.69.

The Mexico Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 6.10%. The ex-dividend date was Wednesday, January 22nd.

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.