Shaker Financial Services LLC Has $551,000 Stock Holdings in MFS Charter Income Trust (NYSE:MCR)

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Shaker Financial Services LLC lifted its holdings in MFS Charter Income Trust (NYSE:MCR) by 6.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,834 shares of the financial services provider’s stock after buying an additional 4,364 shares during the period. Shaker Financial Services LLC’s holdings in MFS Charter Income Trust were worth $551,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Sit Investment Associates Inc. raised its holdings in MFS Charter Income Trust by 73.9% in the 2nd quarter. Sit Investment Associates Inc. now owns 3,071,170 shares of the financial services provider’s stock valued at $24,416,000 after acquiring an additional 1,304,878 shares during the period. Bank of America Corp DE increased its position in shares of MFS Charter Income Trust by 14.5% during the second quarter. Bank of America Corp DE now owns 453,401 shares of the financial services provider’s stock worth $3,605,000 after acquiring an additional 57,286 shares in the last quarter. UBS Group AG increased its position in shares of MFS Charter Income Trust by 6.2% during the second quarter. UBS Group AG now owns 206,554 shares of the financial services provider’s stock worth $1,642,000 after acquiring an additional 12,098 shares in the last quarter. Stifel Financial Corp increased its position in shares of MFS Charter Income Trust by 8.2% during the second quarter. Stifel Financial Corp now owns 149,366 shares of the financial services provider’s stock worth $1,187,000 after acquiring an additional 11,316 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of MFS Charter Income Trust by 10.7% during the second quarter. HighTower Advisors LLC now owns 130,634 shares of the financial services provider’s stock worth $1,041,000 after acquiring an additional 12,668 shares in the last quarter.

NYSE:MCR opened at $8.48 on Tuesday. The firm has a 50-day moving average of $8.26 and a 200-day moving average of $8.27. MFS Charter Income Trust has a one year low of $5.49 and a one year high of $8.77.

The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Wednesday, November 18th will be given a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a dividend yield of 8.21%. The ex-dividend date is Tuesday, November 17th.

About MFS Charter Income Trust

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.

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Institutional Ownership by Quarter for MFS Charter Income Trust (NYSE:MCR)

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