Ashton Thomas Securities LLC Has $342,000 Stake in MFS Charter Income Trust (NYSE:MCR)

Ashton Thomas Securities LLC raised its stake in MFS Charter Income Trust (NYSE:MCR) by 19.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,650 shares of the financial services provider’s stock after acquiring an additional 8,900 shares during the period. Ashton Thomas Securities LLC’s holdings in MFS Charter Income Trust were worth $342,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of MCR. Larson Financial Group LLC grew its holdings in shares of MFS Charter Income Trust by 233.2% in the 3rd quarter. Larson Financial Group LLC now owns 6,330 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 4,430 shares during the last quarter. Melfa Wealth Management Inc. acquired a new stake in shares of MFS Charter Income Trust during the fourth quarter worth approximately $129,000. L.M. Kohn & Company raised its stake in shares of MFS Charter Income Trust by 27.6% in the third quarter. L.M. Kohn & Company now owns 38,215 shares of the financial services provider’s stock valued at $251,000 after acquiring an additional 8,261 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of MFS Charter Income Trust in the 4th quarter worth approximately $265,000. Finally, Riverbridge Partners LLC grew its position in MFS Charter Income Trust by 124.5% during the 4th quarter. Riverbridge Partners LLC now owns 86,396 shares of the financial services provider’s stock worth $551,000 after acquiring an additional 47,909 shares during the last quarter.

MFS Charter Income Trust Stock Up 0.2 %

MCR stock opened at $6.30 on Wednesday. The business has a fifty day moving average price of $6.35 and a 200 day moving average price of $6.35. MFS Charter Income Trust has a fifty-two week low of $6.01 and a fifty-two week high of $6.58.

MFS Charter Income Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be paid a $0.0452 dividend. The ex-dividend date is Tuesday, March 18th. This is a positive change from MFS Charter Income Trust’s previous monthly dividend of $0.04. This represents a $0.54 dividend on an annualized basis and a dividend yield of 8.61%.

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.