Wolverine Asset Management LLC Sells 4,785 Shares of MFS Special Value Trust (NYSE:MFV)

Wolverine Asset Management LLC decreased its holdings in MFS Special Value Trust (NYSE:MFV) by 42.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,426 shares of the closed-end fund’s stock after selling 4,785 shares during the period. Wolverine Asset Management LLC owned about 0.09% of MFS Special Value Trust worth $26,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Shaker Financial Services LLC boosted its position in MFS Special Value Trust by 48.3% during the third quarter. Shaker Financial Services LLC now owns 206,053 shares of the closed-end fund’s stock valued at $804,000 after purchasing an additional 67,082 shares in the last quarter. Hedge funds and other institutional investors own 6.37% of the company’s stock.

MFS Special Value Trust Trading Down 0.2 %

Shares of MFS Special Value Trust stock opened at $4.41 on Monday. MFS Special Value Trust has a one year low of $3.74 and a one year high of $4.47. The company has a 50-day simple moving average of $4.37 and a two-hundred day simple moving average of $4.16.

MFS Special Value Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Wednesday, March 13th were issued a $0.0367 dividend. This represents a $0.44 annualized dividend and a yield of 9.99%. The ex-dividend date was Tuesday, March 12th.

MFS Special Value Trust Profile

MFS Special Value Trust is a closed-ended balanced mutual fund launched and managed by Massachusetts Financial Services Company The fund invests in the public equity and fixed income markets of the United States. It primarily invests in value stocks of companies operating across diversified sectors. The fund employs fundamental analysis and a bottom-up stock picking approach to create its portfolio.