Ashton Thomas Securities LLC Buys 3,000 Shares of MFS Charter Income Trust (NYSE:MCR)

Ashton Thomas Securities LLC raised its stake in MFS Charter Income Trust (NYSE:MCR – Free Report) by 7.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,750 shares of the financial services provider’s stock after buying an additional 3,000 shares during the period. Ashton Thomas Securities LLC’s holdings in MFS Charter Income Trust were worth $294,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC increased its holdings in MFS Charter Income Trust by 41.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,646,086 shares of the financial services provider’s stock worth $10,321,000 after purchasing an additional 484,529 shares in the last quarter. International Assets Investment Management LLC boosted its position in MFS Charter Income Trust by 557.0% during the 3rd quarter. International Assets Investment Management LLC now owns 76,705 shares of the financial services provider’s stock worth $504,000 after buying an additional 65,030 shares during the period. Shaker Financial Services LLC increased its position in MFS Charter Income Trust by 8.3% in the 3rd quarter. Shaker Financial Services LLC now owns 448,297 shares of the financial services provider’s stock valued at $2,945,000 after acquiring an additional 34,463 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of MFS Charter Income Trust by 107.4% in the second quarter. Concurrent Investment Advisors LLC now owns 38,347 shares of the financial services provider’s stock worth $240,000 after purchasing an additional 19,861 shares during the last quarter. Finally, Atlas Private Wealth Advisors acquired a new position in MFS Charter Income Trust during the 2nd quarter worth about $75,000.

MFS Charter Income Trust Price Performance

Shares of MCR stock opened at $6.37 on Tuesday. The stock has a 50-day moving average of $6.42 and a 200-day moving average of $6.34. MFS Charter Income Trust has a 1-year low of $5.88 and a 1-year high of $6.70.

MFS Charter Income Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Tuesday, November 12th will be given a $0.046 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 8.66%.

MFS Charter Income Trust Profile

(Free Report)

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.

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