Capital Investment Advisors LLC Has $269,000 Stake in MFS High Income Municipal Trust (NYSE:CXE)

Capital Investment Advisors LLC boosted its holdings in shares of MFS High Income Municipal Trust (NYSE:CXE) by 4.9% during the third quarter, Holdings Channel reports. The institutional investor owned 67,126 shares of the company’s stock after acquiring an additional 3,126 shares during the quarter. Capital Investment Advisors LLC’s holdings in MFS High Income Municipal Trust were worth $269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its position in shares of MFS High Income Municipal Trust by 0.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 692,430 shares of the company’s stock valued at $2,514,000 after acquiring an additional 4,339 shares in the last quarter. Simplicity Wealth LLC bought a new stake in shares of MFS High Income Municipal Trust in the 2nd quarter valued at approximately $91,000. Hennion & Walsh Asset Management Inc. raised its holdings in shares of MFS High Income Municipal Trust by 20.3% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 712,438 shares of the company’s stock worth $2,586,000 after buying an additional 120,232 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its position in shares of MFS High Income Municipal Trust by 127.8% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 92,376 shares of the company’s stock worth $343,000 after buying an additional 51,828 shares during the period. Finally, Whitebox Advisors LLC acquired a new stake in MFS High Income Municipal Trust in the 2nd quarter valued at $394,000. Institutional investors own 34.37% of the company’s stock.

MFS High Income Municipal Trust Trading Down 0.9 %

MFS High Income Municipal Trust stock opened at $3.93 on Tuesday. MFS High Income Municipal Trust has a 52-week low of $2.95 and a 52-week high of $4.03. The stock has a fifty day moving average price of $3.91 and a two-hundred day moving average price of $3.74.

MFS High Income Municipal Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.016 per share. This represents a $0.19 annualized dividend and a yield of 4.89%. The ex-dividend date of this dividend is Tuesday, October 15th.

MFS High Income Municipal Trust Company 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.