Noble Wealth Management PBC Buys Shares of 136,025 MFS High Income Municipal Trust (NYSE:CXE)

Noble Wealth Management PBC acquired a new position in shares of MFS High Income Municipal Trust (NYSE:CXE) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 136,025 shares of the company’s stock, valued at approximately $501,000.

Other large investors have also modified their holdings of the company. HighTower Advisors LLC lifted its holdings in shares of MFS High Income Municipal Trust by 30.5% during the 3rd quarter. HighTower Advisors LLC now owns 19,138 shares of the company’s stock worth $77,000 after acquiring an additional 4,468 shares during the period. Wolverine Asset Management LLC lifted its holdings in shares of MFS High Income Municipal Trust by 54.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 79,006 shares of the company’s stock worth $316,000 after acquiring an additional 27,994 shares during the period. Melfa Wealth Management Inc. lifted its holdings in shares of MFS High Income Municipal Trust by 13.0% during the 4th quarter. Melfa Wealth Management Inc. now owns 150,188 shares of the company’s stock worth $553,000 after acquiring an additional 17,295 shares during the period. Whitebox Advisors LLC lifted its holdings in shares of MFS High Income Municipal Trust by 9.9% during the 3rd quarter. Whitebox Advisors LLC now owns 116,625 shares of the company’s stock worth $467,000 after acquiring an additional 10,475 shares during the period. Finally, Horizon Kinetics Asset Management LLC lifted its holdings in shares of MFS High Income Municipal Trust by 28.7% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 35,414 shares of the company’s stock worth $142,000 after acquiring an additional 7,900 shares during the period. 34.37% of the stock is currently owned by hedge funds and other institutional investors.

MFS High Income Municipal Trust Trading Up 0.1 %

Shares of CXE stock opened at $3.83 on Friday. MFS High Income Municipal Trust has a 1-year low of $3.46 and a 1-year high of $4.03. The firm’s 50-day simple moving average is $3.72 and its 200-day simple moving average is $3.81.

MFS High Income Municipal Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.016 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.19 annualized dividend and a dividend yield of 5.02%.

About MFS High Income Municipal Trust

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.