Wedbush Securities Inc. increased its stake in MFS Charter Income Trust (NYSE:MCR) by 13.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 106,633 shares of the financial services provider’s stock after buying an additional 12,615 shares during the period. Wedbush Securities Inc.’s holdings in MFS Charter Income Trust were worth $921,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in MCR. Morgan Stanley increased its stake in shares of MFS Charter Income Trust by 18.1% in the first quarter. Morgan Stanley now owns 3,729,483 shares of the financial services provider’s stock valued at $32,111,000 after buying an additional 571,063 shares during the last quarter. Sit Investment Associates Inc. increased its stake in shares of MFS Charter Income Trust by 0.3% in the first quarter. Sit Investment Associates Inc. now owns 1,824,813 shares of the financial services provider’s stock valued at $15,712,000 after buying an additional 5,519 shares during the last quarter. Kelman Lazarov Inc. increased its stake in shares of MFS Charter Income Trust by 1.1% in the second quarter. Kelman Lazarov Inc. now owns 333,652 shares of the financial services provider’s stock valued at $2,883,000 after buying an additional 3,675 shares during the last quarter. Point View Wealth Management Inc. increased its stake in shares of MFS Charter Income Trust by 4.5% in the first quarter. Point View Wealth Management Inc. now owns 168,929 shares of the financial services provider’s stock valued at $1,454,000 after buying an additional 7,328 shares during the last quarter. Finally, Shaker Financial Services LLC bought a new stake in shares of MFS Charter Income Trust during the first quarter valued at about $1,140,000.

Shares of MFS Charter Income Trust (NYSE:MCR) opened at 8.56 on Monday. The stock has a 50 day moving average of $8.66 and a 200 day moving average of $8.63. MFS Charter Income Trust has a 52 week low of $8.08 and a 52 week high of $8.76.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 17th will be given a dividend of $0.062 per share. This is a boost from MFS Charter Income Trust’s previous monthly dividend of $0.06. The ex-dividend date is Tuesday, August 15th. This represents a $0.74 annualized dividend and a yield of 8.69%.

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About MFS Charter Income Trust

MFS Charter Income Trust (Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund normally invests in debt instruments. The Fund also invests in corporate bonds of the United States and/or foreign issuers, the United States Government securities, foreign government securities, mortgage-backed and other asset-backed securities and/or debt instruments of issuers located in emerging market countries.

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

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