1 week Ago By ABMN Staff
Envestnet Asset Management Inc. trimmed its holdings in shares of MFS Municipal Income Trust ( NYSE:MFM – Free Report ) by 13.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 535,803 shares of the closed-end fund’s stock after selling 80,139 shares during the period. Envestnet Asset Management Inc.’s holdings in MFS Municipal Income Trust were worth $2,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its position in shares of MFS Municipal Income Trust by 21.
2% in the 4th quarter. Advisors Asset Management Inc. now owns 875,266 shares of the closed-end fund’s stock worth $4,683,000 after purchasing an additional 153,263 shares during the period.
Janney Montgomery Scott LLC raised its stake in MFS Municipal Income Trust by 6.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 573,615 shares of the closed-end fund’s stock worth $3,069,000 after buying an additional 36,785 shares in the last quarter.
Van ECK Associates Corp lifted its holdings in MFS Municipal Income Trust by 4.5% during the fourth quarter. Van ECK Associates Corp now owns 346,432 shares of the closed-end fund’s stock worth $1,853,000 after buying an additional 15,058 shares during the period.
LPL Financial LLC boosted its position in MFS Municipal Income Trust by 9.5% during the 4th quarter. LPL Financial LLC now owns 222,815 shares of the closed-end fund’s stock valued at $1,192,000 after acquiring an additional 19,366 shares in the last quarter.
Finally, Raymond James Financial Inc. purchased a new position in shares of MFS Municipal Income Trust in the 4th quarter valued at $997,000. MFS Municipal Income Trust Price Performance MFM opened at $5.
11 on Friday. MFS Municipal Income Trust has a 12 month low of $4.94 and a 12 month high of $5.
78. The stock has a fifty day moving average price of $5.30 and a 200-day moving average price of $5.
43. MFS Municipal Income Trust Announces Dividend About MFS Municipal Income Trust ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding MFM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for MFS Municipal Income Trust ( NYSE:MFM – Free Report ). Receive News & Ratings for MFS Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter .
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