Anderson Financial Strategies LLC Takes $215,000 Position in MFS Charter Income Trust (NYSE:MCR)

Anderson Financial Strategies LLC purchased a new stake in MFS Charter Income Trust (NYSE:MCR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,775 shares of the financial services provider’s stock, valued at approximately $215,000.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in shares of MFS Charter Income Trust in the 4th quarter valued at about $79,000. Melfa Wealth Management Inc. bought a new position in MFS Charter Income Trust during the 4th quarter worth approximately $129,000. Strategic Financial Concepts LLC bought a new position in MFS Charter Income Trust during the 4th quarter worth approximately $265,000. Ashton Thomas Securities LLC grew its position in shares of MFS Charter Income Trust by 19.9% in the 4th quarter. Ashton Thomas Securities LLC now owns 53,650 shares of the financial services provider’s stock worth $342,000 after acquiring an additional 8,900 shares in the last quarter. Finally, Riverbridge Partners LLC increased its holdings in shares of MFS Charter Income Trust by 124.5% in the 4th quarter. Riverbridge Partners LLC now owns 86,396 shares of the financial services provider’s stock valued at $551,000 after acquiring an additional 47,909 shares during the last quarter.

MFS Charter Income Trust Stock Performance

Shares of MCR opened at $6.24 on Friday. The business’s fifty day moving average price is $6.19 and its 200 day moving average price is $6.28. MFS Charter Income Trust has a 12-month low of $5.57 and a 12-month high of $6.58.

MFS Charter Income Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, May 13th will be given a $0.0439 dividend. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 8.44%.

MFS Charter Income Trust Profile

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S.