Stifel Financial Corp Boosts Position in MFS Charter Income Trust (NYSE:MCR)

Stifel Financial Corp raised its stake in MFS Charter Income Trust (NYSE:MCR) by 13.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 179,664 shares of the financial services provider’s stock after buying an additional 21,350 shares during the period. Stifel Financial Corp’s holdings in MFS Charter Income Trust were worth $1,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in MCR. Larson Financial Group LLC increased its stake in shares of MFS Charter Income Trust by 233.2% during the third quarter. Larson Financial Group LLC now owns 6,330 shares of the financial services provider’s stock valued at $42,000 after buying an additional 4,430 shares during the period. Valley Brook Capital Group Inc. increased its position in MFS Charter Income Trust by 15.8% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 25,922 shares of the financial services provider’s stock valued at $170,000 after purchasing an additional 3,543 shares during the period. Concurrent Investment Advisors LLC increased its position in MFS Charter Income Trust by 107.4% during 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. L.M. Kohn & Company raised its holdings in shares of MFS Charter Income Trust by 27.6% in the 3rd quarter. L.M. Kohn & Company now owns 38,215 shares of the financial services provider’s stock valued at $251,000 after purchasing an additional 8,261 shares in the last quarter. Finally, Ashton Thomas Securities LLC lifted its position in shares of MFS Charter Income Trust by 7.2% in the 3rd quarter. Ashton Thomas Securities LLC now owns 44,750 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 3,000 shares during the period.

MFS Charter Income Trust Price Performance

Shares of MCR stock opened at $6.19 on Monday. MFS Charter Income Trust has a 52-week low of $6.01 and a 52-week high of $6.70. The company’s 50 day moving average is $6.32 and its 200 day moving average is $6.35.

MFS Charter Income Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be issued a $0.0455 dividend. The ex-dividend date is Tuesday, December 17th.

MFS Charter Income Trust 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.