Wealthsource Partners LLC trimmed its holdings in shares of MFS Intermediate Income Trust (NYSE:MIN) by 27.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,730 shares of the financial services provider’s stock after selling 25,100 shares during the quarter. Wealthsource Partners LLC owned about 0.06% of MFS Intermediate Income Trust worth $251,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also bought and sold shares of MIN. Wells Fargo & Company MN boosted its holdings in shares of MFS Intermediate Income Trust by 5.3% in the 3rd quarter. Wells Fargo & Company MN now owns 11,915,688 shares of the financial services provider’s stock worth $44,803,000 after purchasing an additional 603,607 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of MFS Intermediate Income Trust by 1.9% in the 2nd quarter. Bank of America Corp DE now owns 1,058,786 shares of the financial services provider’s stock worth $4,087,000 after purchasing an additional 19,354 shares in the last quarter. Private Advisor Group LLC purchased a new position in shares of MFS Intermediate Income Trust in the 2nd quarter worth about $322,000. Dakota Wealth Management purchased a new position in shares of MFS Intermediate Income Trust in the 3rd quarter worth about $258,000. Finally, Laurion Capital Management LP purchased a new position in shares of MFS Intermediate Income Trust in the 2nd quarter worth about $247,000. Institutional investors and hedge funds own 36.20% of the company’s stock.
MIN opened at $3.70 on Friday. MFS Intermediate Income Trust has a 12-month low of $3.62 and a 12-month high of $4.18.
The company also recently disclosed a monthly dividend, which will be paid on Monday, December 31st. Stockholders of record on Wednesday, December 19th will be issued a $0.0285 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 9.23%. The ex-dividend date of this dividend is Tuesday, December 18th.
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About MFS Intermediate Income Trust
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.
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