Citadel Advisors LLC Takes Position in MFS Intermediate Income Trust (MIN)

Citadel Advisors LLC acquired a new stake in MFS Intermediate Income Trust (NYSE:MIN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,138 shares of the financial services provider’s stock, valued at approximately $132,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Wells Fargo & Company MN raised its position in MFS Intermediate Income Trust by 1.4% in the 1st quarter. Wells Fargo & Company MN now owns 11,245,810 shares of the financial services provider’s stock valued at $44,196,000 after buying an additional 154,274 shares during the last quarter. Landscape Capital Management L.L.C. increased its position in shares of MFS Intermediate Income Trust by 57.5% during the 1st quarter. Landscape Capital Management L.L.C. now owns 127,135 shares of the financial services provider’s stock valued at $500,000 after purchasing an additional 46,424 shares during the last quarter. 1607 Capital Partners LLC increased its position in shares of MFS Intermediate Income Trust by 73.9% during the 1st quarter. 1607 Capital Partners LLC now owns 4,380,129 shares of the financial services provider’s stock valued at $17,214,000 after purchasing an additional 1,861,308 shares during the last quarter. Ancora Advisors LLC increased its position in shares of MFS Intermediate Income Trust by 5.2% during the 1st quarter. Ancora Advisors LLC now owns 667,710 shares of the financial services provider’s stock valued at $2,624,000 after purchasing an additional 32,735 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of MFS Intermediate Income Trust by 11.4% during the 1st quarter. LPL Financial LLC now owns 901,741 shares of the financial services provider’s stock valued at $3,544,000 after purchasing an additional 92,132 shares during the last quarter. Hedge funds and other institutional investors own 36.08% of the company’s stock.

Shares of MFS Intermediate Income Trust stock opened at $3.76 on Thursday. MFS Intermediate Income Trust has a 1 year low of $3.72 and a 1 year high of $4.29.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 28th. Stockholders of record on Wednesday, September 19th will be given a dividend of $0.0292 per share. This represents a $0.35 annualized dividend and a dividend yield of 9.32%. The ex-dividend date of this dividend is Tuesday, September 18th.

MFS Intermediate Income Trust Profile

MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.

Further Reading: Asset Allocation, Balancing Your Investments

Institutional Ownership by Quarter for MFS Intermediate Income Trust (NYSE:MIN)

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