HighTower Advisors LLC Purchases 4,468 Shares of MFS High Income Municipal Trust (NYSE:CXE)

HighTower Advisors LLC grew its holdings in MFS High Income Municipal Trust (NYSE:CXE) by 30.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,138 shares of the company’s stock after buying an additional 4,468 shares during the quarter. HighTower Advisors LLC’s holdings in MFS High Income Municipal Trust were worth $77,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CXE. Capital Investment Advisors LLC raised its position in MFS High Income Municipal Trust by 4.9% in the third quarter. Capital Investment Advisors LLC now owns 67,126 shares of the company’s stock worth $269,000 after purchasing an additional 3,126 shares in the last quarter. Horizon Kinetics Asset Management LLC grew its stake in shares of MFS High Income Municipal Trust by 28.7% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 35,414 shares of the company’s stock valued at $142,000 after purchasing an additional 7,900 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of MFS High Income Municipal Trust in the 2nd quarter worth approximately $43,000. Wolverine Asset Management LLC lifted its position in shares of MFS High Income Municipal Trust by 54.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 79,006 shares of the company’s stock worth $316,000 after buying an additional 27,994 shares during the period. Finally, Blue Bell Private Wealth Management LLC boosted its stake in MFS High Income Municipal Trust by 127.8% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 92,376 shares of the company’s stock valued at $343,000 after buying an additional 51,828 shares in the last quarter. 34.37% of the stock is owned by institutional investors.

MFS High Income Municipal Trust Trading Up 0.5 %

MFS High Income Municipal Trust stock opened at $3.67 on Friday. The stock has a fifty day moving average price of $3.81 and a two-hundred day moving average price of $3.81. MFS High Income Municipal Trust has a 52-week low of $3.46 and a 52-week high of $4.03.

MFS High Income Municipal Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a dividend of $0.016 per share. This represents a $0.19 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date of this dividend is Tuesday, December 17th.

MFS High Income Municipal Trust Profile

MFS High Income Municipal 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. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.