Karpus Management Has Cut Its Holding in Mfs Invt Grade Mun Tr (CXH) by $9.85 Million; Farmers Trust Co Lifted Schlumberger LTD (SLB) Stake by $1.95 Million

January 17, 2018 - By Stephen Andrade

Farmers Trust Co increased its stake in Schlumberger Ltd (SLB) by 351.66% based on its latest 2017Q3 regulatory filing with the SEC. Farmers Trust Co bought 28,228 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 36,255 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $2.53 million, up from 8,027 at the end of the previous reported quarter. Farmers Trust Co who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $106.90 billion market cap company. The stock decreased 1.03% or $0.8 during the last trading session, reaching $77.17. About 11.90M shares traded or 28.30% up from the average. Schlumberger Limited (NYSE:SLB) has declined 3.30% since January 17, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Karpus Management Inc decreased its stake in Mfs Invt Grade Mun Tr (CXH) by 40.94% based on its latest 2017Q3 regulatory filing with the SEC. Karpus Management Inc sold 1.09M shares as the company’s stock rose 5.34% with the market. The institutional investor held 1.58 million shares of the company at the end of 2017Q3, valued at $15.77 million, down from 2.67M at the end of the previous reported quarter. Karpus Management Inc who had been investing in Mfs Invt Grade Mun Tr for a number of months, seems to be less bullish one the $113.60M market cap company. The stock increased 0.12% or $0.0119 during the last trading session, reaching $9.8039. About 12,587 shares traded. MFS Investment Grade Municipal (NYSE:CXH) has declined 2.09% since January 17, 2017 and is downtrending. It has underperformed by 18.79% the S&P500.

Investors sentiment decreased to 0.47 in 2017 Q3. Its down 0.82, from 1.29 in 2017Q2. It worsened, as 4 investors sold CXH shares while 11 reduced holdings. 4 funds opened positions while 3 raised stakes. 2.63 million shares or 35.44% less from 4.08 million shares in 2017Q2 were reported. Fifth Third Comml Bank reported 9,000 shares. Ameriprise Financial reported 18,753 shares. Royal State Bank Of Canada has 5,325 shares. Sit Investment Assoc Inc invested 0% in MFS Investment Grade Municipal (NYSE:CXH). Natl Bank Of Mellon Corp holds 0% or 13,460 shares. Icon Advisers Company accumulated 0.11% or 155,471 shares. North Star Management Corporation has invested 0% in MFS Investment Grade Municipal (NYSE:CXH). 72,618 were reported by Rivernorth Capital Mngmt Limited. Essex Financial Services holds 10,180 shares or 0.03% of its portfolio. Ftb Advisors has 3,108 shares for 0% of their portfolio. 34,434 were reported by Bancorp Of America Corporation De. Wells Fargo Mn holds 0% of its portfolio in MFS Investment Grade Municipal (NYSE:CXH) for 14,903 shares. Yakira Cap has invested 0.04% in MFS Investment Grade Municipal (NYSE:CXH). 23,149 were accumulated by Lpl Limited Com. Janney Montgomery Scott Limited Co has invested 0% in MFS Investment Grade Municipal (NYSE:CXH).

Karpus Management Inc, which manages about $2.60 billion and $1.97B US Long portfolio, upped its stake in Vanguard Intl Equity Index Fd Ftse Europe Etf (VGK) by 166,270 shares to 2.26M shares, valued at $131.73 million in 2017Q3, according to the filing. It also increased its holding in New Germany Fd Inc (GF) by 21,662 shares in the quarter, for a total of 738,962 shares, and has risen its stake in Nuveen Amt (NEA).

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. 1.20 billion shares or 11.55% more from 1.07 billion shares in 2017Q2 were reported. Hyman Charles D owns 22,825 shares or 0.2% of their US portfolio. City Holdg invested in 0.76% or 32,429 shares. Stearns Ser Group owns 14,943 shares. Ls Advsr Lc holds 121,264 shares or 0.5% of its portfolio. Nj State Employees Deferred Compensation Plan holds 0.27% of its portfolio in Schlumberger Limited (NYSE:SLB) for 21,286 shares. 4,276 are held by Banced. 2,670 were reported by C M Bidwell &. Jennison Associates Ltd Liability Com invested in 918,270 shares or 0.07% of the stock. Becker Cap Management Inc reported 1.17% of its portfolio in Schlumberger Limited (NYSE:SLB). First Utd Bancorporation reported 11,985 shares. Buckingham Capital Mngmt reported 1.1% stake. Monetary Mngmt Gru reported 0.14% in Schlumberger Limited (NYSE:SLB). Blue Fin Capital Inc has invested 0.22% in Schlumberger Limited (NYSE:SLB). Tdam Usa Inc has 59,266 shares. Peapack Gladstone Finance invested in 0.8% or 200,218 shares.

Since October 24, 2017, it had 0 insider buys, and 1 insider sale for $219,205 activity.

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