The Mexico Fund, Inc. (NYSE:MXF) Director Richard B. Vaughan Buys 4,000 Shares of Stock

The Mexico Fund, Inc. (NYSE:MXF) Director Richard B. Vaughan purchased 4,000 shares of The Mexico Fund stock in a transaction that occurred on Monday, April 22nd. The shares were bought at an average price of $17.69 per share, for a total transaction of $70,760.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at $88,450. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

The Mexico Fund Price Performance

NYSE:MXF opened at $18.14 on Wednesday. The Mexico Fund, Inc. has a fifty-two week low of $14.77 and a fifty-two week high of $19.69. The business has a 50 day moving average price of $18.56 and a 200-day moving average price of $17.87.

The Mexico Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Wednesday, April 17th will be given a dividend of $0.22 per share. The ex-dividend date is Tuesday, April 16th. This represents a $0.88 annualized dividend and a yield of 4.85%.

Institutional Investors Weigh In On The Mexico Fund

Large investors have recently added to or reduced their stakes in the company. Quantedge Capital Pte Ltd boosted its holdings in shares of The Mexico Fund by 20.9% during the fourth quarter. Quantedge Capital Pte Ltd now owns 39,901 shares of the investment management company’s stock worth $761,000 after purchasing an additional 6,900 shares during the period. City of London Investment Management Co. Ltd. lifted its stake in The Mexico Fund by 3.0% in the fourth quarter. City of London Investment Management Co. Ltd. now owns 3,491,522 shares of the investment management company’s stock worth $66,618,000 after acquiring an additional 101,431 shares during the period. Vanguard Capital Wealth Advisors bought a new stake in The Mexico Fund in the fourth quarter valued at $680,000. Almitas Capital LLC increased its position in The Mexico Fund by 10.9% during the 3rd quarter. Almitas Capital LLC now owns 155,646 shares of the investment management company’s stock valued at $2,563,000 after purchasing an additional 15,317 shares during the period. Finally, Oak Grove Capital LLC bought a new position in The Mexico Fund in the 3rd quarter worth $188,000.

About The Mexico Fund

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.