Ashton Thomas Securities LLC Has $342,000 Holdings in MFS Charter Income Trust (NYSE:MCR)

Ashton Thomas Securities LLC boosted its position in shares of MFS Charter Income Trust (NYSE:MCR) by 19.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,650 shares of the financial services provider’s stock after acquiring an additional 8,900 shares during the period. Ashton Thomas Securities LLC’s holdings in MFS Charter Income Trust were worth $342,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC lifted its position in shares of MFS Charter Income Trust by 233.2% during the 3rd quarter. Larson Financial Group LLC now owns 6,330 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 4,430 shares during the last quarter. Melfa Wealth Management Inc. acquired a new stake in shares of MFS Charter Income Trust in the fourth quarter worth $129,000. L.M. Kohn & Company increased its position in MFS Charter Income Trust by 27.6% during the third quarter. L.M. Kohn & Company now owns 38,215 shares of the financial services provider’s stock worth $251,000 after acquiring an additional 8,261 shares during the period. Strategic Financial Concepts LLC acquired a new position in MFS Charter Income Trust during the 4th quarter valued at $265,000. Finally, Riverbridge Partners LLC boosted its holdings in MFS Charter Income Trust by 124.5% in the 4th quarter. Riverbridge Partners LLC now owns 86,396 shares of the financial services provider’s stock valued at $551,000 after purchasing an additional 47,909 shares during the period.

MFS Charter Income Trust Stock Performance

NYSE:MCR opened at $6.30 on Wednesday. The firm’s 50-day moving average is $6.35 and its 200-day moving average is $6.35. MFS Charter Income Trust has a 52-week low of $6.01 and a 52-week high of $6.58.

MFS Charter Income Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be issued a $0.0452 dividend. This is a boost from MFS Charter Income Trust’s previous monthly dividend of $0.04. The ex-dividend date is Tuesday, March 18th. This represents a $0.54 annualized dividend and a yield of 8.61%.

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.