Sanctuary Advisors LLC purchased a new stake in MFS Municipal Income Trust (NYSE:MFM – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,560 shares of the closed-end fund’s stock, valued at approximately $104,000.
Several other institutional investors have also recently made changes to their positions in the stock. Private Advisor Group LLC boosted its holdings in shares of MFS Municipal Income Trust by 215.5% in the 1st quarter. Private Advisor Group LLC now owns 544,257 shares of the closed-end fund’s stock valued at $2,923,000 after buying an additional 371,753 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in MFS Municipal Income Trust by 37.0% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 761,784 shares of the closed-end fund’s stock worth $4,091,000 after acquiring an additional 205,904 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in MFS Municipal Income Trust by 17.8% in the first quarter. Advisors Asset Management Inc. now owns 939,810 shares of the closed-end fund’s stock valued at $5,047,000 after acquiring an additional 141,741 shares during the last quarter. Logan Stone Capital LLC grew its position in shares of MFS Municipal Income Trust by 68.7% in the 2nd quarter. Logan Stone Capital LLC now owns 295,992 shares of the closed-end fund’s stock valued at $1,616,000 after acquiring an additional 120,487 shares during the period. Finally, Choreo LLC acquired a new position in shares of MFS Municipal Income Trust during the 1st quarter worth about $437,000.
MFS Municipal Income Trust Stock Down 0.9 %
Shares of MFM stock opened at $5.64 on Tuesday. MFS Municipal Income Trust has a 52-week low of $4.37 and a 52-week high of $5.78. The firm’s 50-day moving average is $5.66 and its 200-day moving average is $5.41.
MFS Municipal Income Trust Dividend Announcement
About MFS Municipal Income Trust
MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.
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