MFS High Income Municipal Trust (NYSE:CXE) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC decreased its holdings in MFS High Income Municipal Trust (NYSE:CXE) by 21.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,300 shares of the company’s stock after selling 3,000 shares during the period. Sanctuary Advisors LLC’s holdings in MFS High Income Municipal Trust were worth $42,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Melfa Wealth Management Inc. raised its holdings in MFS High Income Municipal Trust by 13.0% in the 4th quarter. Melfa Wealth Management Inc. now owns 150,188 shares of the company’s stock valued at $553,000 after acquiring an additional 17,295 shares during the last quarter. Whitebox Advisors LLC raised its holdings in MFS High Income Municipal Trust by 9.9% in the 3rd quarter. Whitebox Advisors LLC now owns 116,625 shares of the company’s stock valued at $467,000 after acquiring an additional 10,475 shares during the last quarter. HighTower Advisors LLC raised its holdings in MFS High Income Municipal Trust by 30.5% in the 3rd quarter. HighTower Advisors LLC now owns 19,138 shares of the company’s stock valued at $77,000 after acquiring an additional 4,468 shares during the last quarter. Horizon Kinetics Asset Management LLC raised its holdings in MFS High Income Municipal Trust by 28.7% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 35,414 shares of the company’s stock valued at $142,000 after acquiring an additional 7,900 shares during the last quarter. Finally, Wolverine Asset Management LLC raised its holdings in MFS High Income Municipal Trust by 54.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 79,006 shares of the company’s stock valued at $316,000 after acquiring an additional 27,994 shares during the last quarter. Institutional investors and hedge funds own 34.37% of the company’s stock.

MFS High Income Municipal Trust Price Performance

MFS High Income Municipal Trust stock opened at $3.81 on Friday. The firm has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $3.81. MFS High Income Municipal Trust has a 1-year low of $3.46 and a 1-year high of $4.03.

MFS High Income Municipal Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be paid a $0.016 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.19 annualized dividend and a dividend yield of 5.05%.

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.