MFS Investment Grade Municipal Trust (NYSE:CXH) Shares Bought by Icon Advisers Inc. Co.

Icon Advisers Inc. Co. grew its holdings in MFS Investment Grade Municipal Trust (NYSE:CXH) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 244,295 shares of the company’s stock after purchasing an additional 7,777 shares during the quarter. Icon Advisers Inc. Co. owned approximately 2.98% of MFS Investment Grade Municipal Trust worth $1,952,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Sit Investment Associates Inc. lifted its holdings in shares of MFS Investment Grade Municipal Trust by 50.4% during the 4th quarter. Sit Investment Associates Inc. now owns 560,546 shares of the company’s stock valued at $4,479,000 after acquiring an additional 187,786 shares in the last quarter. Rivernorth Capital Management LLC grew its stake in shares of MFS Investment Grade Municipal Trust by 17.7% in the third quarter. Rivernorth Capital Management LLC now owns 402,574 shares of the company’s stock valued at $3,309,000 after buying an additional 60,569 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in MFS Investment Grade Municipal Trust by 45.3% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 158,542 shares of the company’s stock worth $1,267,000 after acquiring an additional 49,420 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in MFS Investment Grade Municipal Trust in the fourth quarter valued at approximately $230,000. Finally, Thomas J. Herzfeld Advisors Inc. raised its stake in shares of MFS Investment Grade Municipal Trust by 36.5% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 97,088 shares of the company’s stock valued at $776,000 after purchasing an additional 25,965 shares during the period.

MFS Investment Grade Municipal Trust Stock Down 0.6 %

Shares of NYSE CXH opened at $7.46 on Monday. MFS Investment Grade Municipal Trust has a 1 year low of $7.30 and a 1 year high of $8.36. The stock’s 50-day simple moving average is $7.99 and its 200-day simple moving average is $8.05.

MFS Investment Grade Municipal Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a $0.0275 dividend. This represents a $0.33 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend is Tuesday, April 15th.

MFS Investment Grade Municipal Trust Company Profile

MFS Investment Grade Municipal 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.