Cetera Advisor Networks LLC Has $596,000 Stock Position in MFS Government Markets Income Trust (NYSE:MGF)
Cetera Advisor Networks LLC lowered its position in shares of MFS Government Markets Income Trust (NYSE:MGF – Get Rating) by 66.7% in the first quarter, HoldingsChannel reports. The fund owned 157,641 shares of the company’s stock after selling 315,919 shares during the period. Cetera Advisor Networks LLC’s holdings in MFS Government Markets Income Trust were worth $596,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of MGF. Karpus Management Inc. boosted its position in MFS Government Markets Income Trust by 198.9% during the 1st quarter. Karpus Management Inc. now owns 1,912,269 shares of the company’s stock worth $7,228,000 after acquiring an additional 1,272,394 shares during the last quarter. Csenge Advisory Group acquired a new position in MFS Government Markets Income Trust during the 1st quarter worth approximately $110,000. Landscape Capital Management LLC acquired a new position in MFS Government Markets Income Trust during the 1st quarter worth approximately $83,000. Wolverine Asset Management LLC acquired a new stake in shares of MFS Government Markets Income Trust in the 1st quarter valued at approximately $33,000. Finally, Ameritas Advisory Services LLC boosted its holdings in shares of MFS Government Markets Income Trust by 3.2% in the 1st quarter. Ameritas Advisory Services LLC now owns 186.424 shares of the company’s stock valued at $705,000 after buying an additional 5,782 shares during the last quarter. Institutional investors and hedge funds own 38.01% of the company’s stock.
MFS Government Markets Income Trust Stock Down 0.9%
Shares of MFS Government Markets Income Trust stock opened at $3.48 on Thursday. The business has a fifty day simple moving average of $3.55 and a two-hundred day simple moving average of $3.63. MFS Government Markets Income Trust has a 1 year low of $3.36 and a 1 year high of $4.43.
MFS Government Markets Income Trust Cuts Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, September 14th will be paid a $0.0227 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 7.81%. The ex-dividend date of this dividend is Tuesday, September 13th.
MFS Government Markets Income Trust Company Profile
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MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, US
See Also
Want to see what other hedge funds are holding MGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MFS Government Markets Income Trust (NYSE:MGF – Get Rating).
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