The Mexico Fund, Inc. (NYSE:MXF) CEO Buys $202,950.00 in Stock

The Mexico Fund, Inc. (NYSE:MXF) CEO Alberto Osorio acquired 15,000 shares of The Mexico Fund stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average cost of $13.53 per share, for a total transaction of $202,950.00. Following the purchase, the chief executive officer now directly owns 115,195 shares of the company’s stock, valued at approximately $1,558,588.35. This trade represents a 14.97 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

The Mexico Fund Price Performance

Shares of The Mexico Fund stock opened at $13.74 on Friday. The Mexico Fund, Inc. has a fifty-two week low of $12.99 and a fifty-two week high of $19.69. The business’s fifty day moving average is $13.55 and its two-hundred day moving average is $14.59.

The Mexico Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Wednesday, January 22nd will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $0.88 annualized dividend and a yield of 6.41%.

Institutional Trading of The Mexico Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MXF. Logan Stone Capital LLC lifted its holdings in shares of The Mexico Fund by 152.2% during the 2nd quarter. Logan Stone Capital LLC now owns 69,711 shares of the investment management company’s stock worth $1,115,000 after acquiring an additional 42,069 shares during the period. Toth Financial Advisory Corp purchased a new position in The Mexico Fund during the third quarter worth approximately $66,000. PFG Investments LLC acquired a new position in shares of The Mexico Fund in the 3rd quarter valued at $174,000. Landscape Capital Management L.L.C. grew its stake in shares of The Mexico Fund by 62.4% during 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 buying an additional 29,079 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of The Mexico Fund during the 3rd quarter worth $4,799,000.

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.