Commonwealth Equity Services LLC Has $1.05 Million Stock Holdings in MFS Charter Income Trust (NYSE:MCR)

Commonwealth Equity Services LLC boosted its position in shares of MFS Charter Income Trust (NYSE:MCR) by 1.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 167,051 shares of the financial services provider’s stock after purchasing an additional 2,595 shares during the quarter. Commonwealth Equity Services LLC’s holdings in MFS Charter Income Trust were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Concurrent Investment Advisors LLC grew its position in shares of MFS Charter Income Trust by 107.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 38,347 shares of the financial services provider’s stock valued at $240,000 after purchasing an additional 19,861 shares during the period. Allspring Global Investments Holdings LLC boosted its position in MFS Charter Income Trust by 41.7% during the second 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 during the period. Atlas Private Wealth Advisors bought a new stake in shares of MFS Charter Income Trust during the 2nd quarter worth about $75,000. Valley Brook Capital Group Inc. grew its stake in MFS Charter Income Trust by 58.5% in the 1st quarter. Valley Brook Capital Group Inc. now owns 22,350 shares of the financial services provider’s stock valued at $142,000 after buying an additional 8,250 shares during the last quarter. Finally, L.M. Kohn & Company raised its holdings in MFS Charter Income Trust by 9.7% in the 1st quarter. L.M. Kohn & Company now owns 29,823 shares of the financial services provider’s stock valued at $189,000 after acquiring an additional 2,626 shares during the period.

MFS Charter Income Trust Stock Performance

Shares of MCR stock opened at $6.46 on Tuesday. MFS Charter Income Trust has a 12-month low of $5.63 and a 12-month high of $6.70. The firm has a 50 day moving average price of $6.37 and a two-hundred day moving average price of $6.29.

MFS Charter Income Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be given a $0.046 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 8.55%. This is an increase from MFS Charter Income Trust’s previous monthly dividend of $0.05. The ex-dividend date is Tuesday, September 17th.

MFS Charter Income Trust Company 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.