Blue Bell Private Wealth Management LLC Increases Stock Position in Mexico Equity & Income Fund Inc. (NYSE:MXE)

Blue Bell Private Wealth Management LLC boosted its stake in Mexico Equity & Income Fund Inc. (NYSE:MXE) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,471 shares of the investment management company’s stock after acquiring an additional 2,748 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in Mexico Equity & Income Fund were worth $518,000 as of its most recent SEC filing.

Separately, Wolverine Asset Management LLC lifted its position in Mexico Equity & Income Fund by 513.3% in the fourth quarter. Wolverine Asset Management LLC now owns 17,651 shares of the investment management company’s stock valued at $142,000 after acquiring an additional 14,773 shares during the last quarter.

Mexico Equity & Income Fund Price Performance

Shares of MXE opened at $8.80 on Friday. Mexico Equity & Income Fund Inc. has a 1-year low of $7.96 and a 1-year high of $11.63. The firm has a fifty day moving average price of $8.48 and a 200 day moving average price of $8.71.

Mexico Equity & Income Fund Cuts Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.2981 dividend. The ex-dividend date was Monday, December 23rd. This represents a yield of 3.5%.

Mexico Equity & Income Fund Profile

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.